Sundaram Fixed Term Plan-II · debt and money market securities, ... Instrument Allocation Risk...

Sundaram Asset Managementwww.sundarammutual.com

Mutual Fund Sundaram Mutual FundTrustee Company Sundaram Trustee Company LimitedAsset Management Company Sundaram Asset Managment Company LimitedAddress Sundaram Towers, II Floor, 46, Whites Road, Chennai - 600 014. India

Website www.sundarammutual.com

Scheme Information Document

Sundaram Fixed Term Plan-IIA close-ended income scheme

Offer of units at Rs 10 per unit during the new fund offer period.

New Fund Offer opens: 22/05/2018New Fund Offer closes: 23/05/2018

The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996 as amended till dateand filed with Securities and Exchange Board of India along with a Due Diligence Certificate from Sundaram Asset Management Limited. The units being offered forpublic subscription have not been approved or recommended by SEBI; SEBI has also not certified the accuracy or adequacy of the Scheme Information Document.The units of the scheme are proposed to be listed on NSE.NSE has given its in-principle approval for listing the units of this scheme on its exchange vide its letter No: NSE/LIST/33182 dated on January 11, 2018.As required, a copy of this Scheme Information Document has been submitted to National Stock Exchange of India Limited (hereinafter referred to as NSE). NSE hasgiven vide its letter No: NSE/LIST/33182 dated on January 11, 2018 permission to the Mutual Fund to use the Exchange’s name in this Scheme Information Documentas one of the stock Exchange on which the Mutual Fund’s unit are proposed to be listed subject to, the Mutual Fund fulfilling the various criteria for listing . The Exchangehas scrutinized this Scheme Information Document for its limited internal purpose of deciding on the matter of granting the aforesaid permission to the Mutual Fund.It is to be distinctly understood that the aforesaid permission given by NSE should not in any way be deemed or construed that the Scheme Information Document hasbeen cleared or approved by NSE; nor does it any manner warrant, certify or endorse the correctness or completeness of any of the contents of this Scheme InformationDocument; nor does it warrant that the Mutual Fund’s units will be listed or will continue to be listed on the Exchange; nor does it take any responsibility for the financialor other soundness of the Mutual Fund, its sponsors, its management or any scheme of the Mutual Fund. Every person who desires to apply for otherwise acquire any units of the Mutual Fund may do so pursuant to independent enquiry, investigation and analysis and shallnot have any claim against the exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such Subscription/ acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoeverThe Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Investors should also ascertainabout any further changes to this document after the date of this Document from the Mutual Fund/Investor Service Centres/Distributors/Brokers or visit www.sundarammutual.com.

Investors are advised to refer to the Statement of Additional Information (SAI) for details of Sundaram Mutual Fund, tax and legal issues and general information. TheStatement of Additional Information is available at www.sundarammutual.com and www.amfindia.comStatement of Additional Information is incorporated by reference and is legally a part of the Scheme Information Document. For a free copy of the current Statement ofAdditional Information, please contact your nearest Investor Service Centre or visit www.sundarammutual.com. The Scheme Information Document should be read in conjunction with the SAI and not in isolation.This Scheme Information Document is dated 10/05/2018.

Contact Number: 1860 425 7237 (India) E-mail: [email protected]+91 44 28310301 (NRI) SMS SFUND to 56767 (NRI): [email protected]

Riskometer

Moderate

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tely

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Investors understand that their principal will be at

Moderate Risk

This product is suitable for investors who areseeking*• Regular Fixed Income for short term/

medium term/ long term

• Investment in Debt/ Money Market

Instruments / Government Securities

*Investors should consult their financial advisers if

in doubt about whether the product is suitable for

them.

Trustee

Sundaram Trustee Company LimitedCIN: U65999TN2003PLC052058Corporate Office: Sundaram Towers, I & II Floor, 46 Whites Road, Chennai 600 014 IndiaPhone : 044 28583362 Fax : 044 28583156

Investment Manager

Sundaram Asset Management Company LimitedCIN: U93090TN1996PLC034615Corporate Office: Sundaram Towers, I & II Floor,46 Whites Road, Chennai 600 014 IndiaPhone : 044 28583362 Fax : 044 28583156www.sundarammutual.com

Sponsor

Sundaram Finance LimitedCIN: L65191TN1954PLC002429Registered Office: 21, Patullos Road, Chennai 600 002Indiawww.sundaramfinance.in

If you wish to reach indicated telephone number from outside India,please use +91 or 0091 followed by 44 and the eight number.

Sundaram Asset Managementwww.sundarammutual.com 2

Sundaram Fixed Term Plan-IIHighlights & Scheme Summary

Name of the SchemeSundaram Fixed Term Plan-II.

Fund Type (fundamental attribute)

A close-ended income scheme

Maturity Period - Sundaram Fixed Term Plan-IISundaram Fixed Term Plan-II of tenure 92 days. Maturity period is

reckoned from the date of allotment. If the maturity date is not a working

day, the subsequent working day shall be considered as the maturity day

for the scheme.

Offer PriceRs.10 per unit.

Investment Objective (fundamental attribute)

The objective of the Scheme would be to generate income by investing in

debt and money market securities, which mature on or before the maturity

of the scheme. However, there is no assurance or guarantee that the

investment objective of the scheme will be achieved.

No GuaranteeInvestors are neither being offered any guaranteed/indicated returns nor

any guarantee on repayment of capital by the Scheme. There is also no

guarantee of capital or return either by the Mutual Fund or by the Sponsor

or by the Asset Management Company. The Mutual Fund/ Investment

Manager and its empanelled brokers has not given and shall not give any

indicative yield in any communication, in any manner whatsoever.

Investors are advised not to rely on any communication regarding

indicative yield with regard to the scheme.

Investment universeThe scheme will invest primarily in a portfolio of money-market securities

and fixed-income securities and derivatives.

Asset Allocation (fundamental attribute)

The indicative asset allocation pattern is:

Instrument Allocation Risk profileMoney-market instruments, including

Bill rediscounting

& Cash Equivalents Up to 100% Low to medium

Short-term and medium-

term debt instruments Up to 100% Low to medium

i. The investment in securitized debt including Pass Through

Ceritificates (PTCs) may be made up to 50% of the net assets of the

scheme.

ii. The scheme shall not invest in foreign securities / ADRs/ GDRs

iii. The scheme shall not engage in securities lending/borrowing and

short selling

iv The Scheme shall invest in repo in Corporate Bond upto 10% of the

net assets of the scheme.

Exposure to derivatives will be limited to 50% of the net asset value of the

Scheme at the time of transaction.

The cumulative gross exposure to debt, money market instruments and

derivatives shall not exceed 100% of the net assets of the scheme,

subject to SEBI circular No. Cir/ IMD/ DF/ 11/ 2010 dated August 18, 2010.

For this purpose, the same security wise hedge positions shall not be

considered in computing the gross exposure. The scheme shall not make

any investment in foreign securities or in credit default swaps.

The scheme may review the pattern of investments based on views on

the debt markets and asset-liability management needs. The portfolio

shall be reviewed on a monthly basis. At all times, the objective of the

portfolio will be to seek income.

The Scheme shall commence investment according the investment

objectives of the scheme only on completion of the New Fund Offer

period. Scheme is permited to invest in Money Market instruments during

the NFO period.

Investment in CBLO before the closure of NFO: In accordance with SEBI

circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42, dated March 18, 2016, the

scheme may deploy the NFO proceeds in CBLO before the closure of

NFO period. The appreciation received from investment in CBLO shall be

passed on to investors. In case if the scheme is not able to garner the

minimum subscription amount during the NFO period the interest earned

upon investment of NFO proceeds in CBLO shall be returned to investors,

in proportion of their investments, along-with the refund of the subscription

amount. The AMC shall not charge any investment management and

advisory fees on funds deployed in CBLOs during the NFO period.

Portfolio rebalancingSubject to the Regulations and in accordance with the SEBI Circular No: Cir/

IMD/ DF/12 /2011 dated August 1, 2011 the asset allocation pattern indicated

above will be maintained, apart from the permitted changes and exceptions

stated under “Intended Asset Allocation” table. In the event of any deviations

from the floor and ceiling of credit ratings specified for any instrument in the

"Main Asset Allocation" table as well as “Intended Asset Allocation” table, the

same shall be rebalanced from the date of the said deviation as under:

where the tenure of the scheme is more than 30 days within 5 days

upto 3 months

where the tenure of the scheme is more than 3 months within 15 days

upto 6 months

where the tenure of the scheme are above 6 months within 30 days

Where the portfolio is not rebalanced within the period prescribed in the

table above, justification for the same shall be placed before the Executive

Committee and the Board of Trustees along with reasons recorded in

writing. The Executive committee of the Investment Manager, shall then

decide on the course of action.

However, at all times the portfolio will adhere to the overall investment

objectives of the Scheme.

Plans and OptionsPlans: Regular and Direct

Options: Growth, Dividend Payout, Dividend Sweep

If neither the Plan nor ARN code are mentioned in the application form, the

Default choice shall be Direct Plan. If the investor does not clearly specify

the choice of option at the time of investing, the Default choice will be

Growth.

All Plans and options available for offer under the scheme will have a

common portfolio.

Direct Plan is only for investors who purchase /subscribe Units into the

Scheme directly with the Fund and is not available for investors who route

their investments through a Distributor.

All categories of investors (whether existing or new Unitholders) as

permitted to invest in this scheme are eligible to subscribe under Direct

Plan. Investments under Direct Plan can be made through various modes

offered by the Fund for investing directly with the Fund {except Stock

Exchange Platform(s) and all other Platform(s) where investors’

applications for subscription of units are routed through Distributors}.

Distribution expenses will not be charged in Direct Plan and no

commission for distribution shall be paid from Direct Plan. The Direct Plan

will also have a separate NAV.



Investors wishing to subscribe under Direct Plan of a Scheme will have to

indicate “Direct Plan” against the Scheme name in the application form.

The following matrix will be applied for processing the applications in the

Regular or Direct Sub Plan:

Broker Code mentioned Sub Plan mentioned by Sub Plan under whichby the investor the investor units will be allottedNot mentioned Not mentioned Direct

Not mentioned Direct Direct

Not mentioned Regular Direct

Mentioned Direct Direct

Direct Not Mentioned Direct

Direct Regular Direct

Mentioned Regular Regular

Mentioned Not Mentioned Regular

In cases of wrong/ invalid/ incomplete ARN codes mentioned on the

application form, the application shall be processed under Regular Sub

Plan.

The Investment Manager shall contact and obtain the correct ARN

code within 30 calendar days of the receipt of the application form

from the investor/ distributor. In case, the correct code is not

received within 30 calendar days, the AMC shall reprocess the

transaction under Direct Sub Plan from the date of application

without any exit load.

Minimum Subscription AmountRs 5,000 and in multiples of Re 10/- thereafter per application. (applicable

for both Regular and Direct Plan)

Minimum Redemption AmountSince the units of the scheme is proposd to be listed on the Stock

Exchange, i.e. NSE, minimum redemption provisions shall not be

applicable.

Minimum CorpusThe Scheme seeks to collect a minimum corpus of Rs 20 crores and there

is no limit to the size of the scheme. If the amount of subscription received

during the new fund offer period is less than the minimum collection

targeted, the amount collected will be refunded to the applicants, in

accordance with SEBI Regulations. If the Investment Manager fails to

refund the amount within 5 business days, interest as specified by SEBI

(now at 15% per annum) will be paid to the investors for the period

between the date of payment and date of expiry of 5 business days from

the date of closure of the new fund offer period

New Fund Offer ExpensesInitial issue expenses shall be borne by the Investment Manager/AMC

and not by the scheme of mutual fund.

DD charges shall be borne by Investment Manager as per prevailing SBI

norms, where there are no collection centers.

Load StructureEntry Load: Nil.

In accordance with SEBI Regulation, there will be no entry load for

investments in the Scheme. This shall apply to new investment and

switch-in to the scheme during the New Fund Offer. The scheme does not

offer any facility for additional purchase, Systematic Investment Plan (SIP),

Systematic Transfer Plan (STP) and any other form of investment on an

on going basis. The upfront commission to distributor (ARN holder) will be

paid by the investor directly to the distributor, based on his assessment

of various factors including the service rendered by the distributor. The

distributor (ARN holder) will disclose all the commissions (in the form of

trail commission or any other mode) payable to them for the different

competing schemes of various mutual funds from amongst which the

scheme is being recommended to the investor.

Exit Load: Not applicable.

Please note that buying and selling the units of the scheme from/ to the

maket (after closure of the NFO) will not entail any entry / exit load.

However, investors will have to bear the cost of brokerage and applicable

taxes on the brokerage and other relevant charges as applicable for

transacting on secondary market.

Application for subscription may be sent directly to Sundaram Asset

Management or through distributors. In case the application is submitted

through the distributors, the investor may pay upfront commission directly

to the distributor, based on his assessment of various factors including

service rendered by the distributor. However, there is no entry load

charged on the amount invested.

Mode of initial allotmentAll Applicants whose cheques towards purchase of Units have realised

will receive a full and firm allotment of Units, provided also the applications

are complete in all respects and are found to be in order. The Trustee

retains the sole and absolute discretion to reject any application.

Applicants under the scheme will have an option to hold the Units either

in physical form (i.e. account statement) or in dematerialized form. On

acceptance of a valid application for subscription, units will be allotted

and a confirmation specifying the number of units allotted by way of email

and/or SMS within 5 Business Days from the date of closure of NFO will

be sent to the Unit holder's registered e-mail address and/or mobile

number. Subject to SEBI Regulations, Statement of Accounts in physical

form will be sent to those unitholders whose registered email address /

mobile number is not available with the Mutual Fund, unless otherwise

required Money would be refunded in respect of applications rejected,

within five business days from the closure of the NFO period.

While allotting units in case of subscription to the scheme through

switches from other schemes,

a. Additional units shall be allotted to the investors for the fractional value

greater than 0.5 units so that the total units are rounded off to a full

unit. The amount equivalent to conversion of fractional unit to full unit

shall be debited to unit premium reserve account.

b. For the fractional value upto 0.5 units, no additional units would be

allotted. The value of those units shall be credited as unit premium

reserve for the benefit of the investors.

c. The overall cost, if any, arising out of the process shall be absorbed

by Sundaram Asset Management Company Limited

Estimated Annual Fee & Expenses (fundamental attribute)

The total annual recurring expenses of the Scheme, excluding deferred

revenue expenditure written off, issue or redemption expenses, but

including the investment management/advisory fee that can be charged

to the scheme shall be within the limits specified in Regulation 52 of SEBI

(Mutual Funds) Regulations.

The Investment Management Fees and other recurring expenses will be

calculated on the basis of daily net assets. For further details of fees and

expenses, please refer to Part IV - Expenses & Load Structure of this

document.

Benchmark



CRISIL Short Term Bond Fund Index has been constructed specifically

for benchmarking performance of income funds. The index seeks to track

the performance of a debt portfolio that includes government securities,

AAA/AA rated corporate bonds, Commercial Papers and Certificates of

Deposit, etc. in which the scheme having tenure upto 1100 days is

expected to invest.

Fund ManagerSandeep Agarwal

The Trustee reserves the right to change the fund manager.

Scheme-Specific RisksCredit risk, interest-rate risk, liquidity risk, market risk, price risk,

derivatives risks (such as counter party risk, market risk, illiquidity risk,

model risk, basis risk) and risks specific to close-ended schemes. This is

only an illustrative list and not an exhaustive risk.

SponsorThe Sponsor of Sundaram Mutual Fund is Sundaram Finance Limited.

Sundaram Finance holds the entire paid capital of Sundaram Asset

Management Company Limited and Sundaram Trustee Company Limited.

A detailed background of the sponsor-Sundaram Finance Limited-is

available in the Statement of Additional Information, which can be

accessed at www.sundarammutual.com.

Liquidity (fundamental attribute)

The Fund does not intend to buy the units back till the maturity of the

schemes. However, in order to provide the liquidity to the investors, the

units of the schemes are proposed to be listed on the NSE within five

business days from the date of allotment. Hence, Investors who want to

liquidate their units of the schemes can sell the units in the secondary

market. NSE has given its in – principle approval for listing the units of the

scheme on its exchange vide its letter No: NSE/LIST/33182 dated on

January 11, 2018. In addition to NSE, the units may be listed in other

exchanges also. The Investment Manager/ Trustee will initiate the delisting

procedure at least 30 days prior to the date of maturity of the scheme.

The Unitholders will not able to trade in stock exchange once the schemes

are delisted. On the Maturity Date the Units of the FTPs will be

redeemed/switched out at the Applicable NAV.

TransparencyThe Investment Manager will calculate and disclose the first NAV of the

respective FTPs not later than five business days from the allotment of

units in the respective FTPs. NAV will be declared on every business day

and shall be published in at least two daily newspapers having circulation

all over India. Transparency will also be maintained through disclosure of

portfolio on a monthly basis as required by SEBI regulations.

NAV will be updated on the websites of Sundaram Asset Management

(www.sundarammutual.com) and the Association of Mutual Funds of

India (www.amfiindia.com) Sundaram Asset Management shall update

the NAVs on the website of Association of Mutual Funds in India before

9.00 p.m. every business day.

In case of any delay, the reasons for such delay would be explained to

AMFI by the next day. If the NAVs are not available before commencement

of working hours on the following day due to any reason, the Fund shall

issue a press release providing reasons and explaining when the Fund

would be able to publish the NAVs.

The Investment Manager shall disclose the portfolio (along with ISIN) as

on the last day of the month for all the schemes in its website

www.sundarammutual.com on or before the tenth day of the succeeding

month in a user-friendly and downloadable format, preferably a

spreadsheet in line with SEBI Circular CIR/IMD/DF/21/2012 dated

September 13, 2012

SuitabilityThe fund is appropriate for investors who seek to deploy surplus assets

in an investment that may offer returns that may be higher than what a

traditional bank deposit could offer for a similar maturity. However,

investors are neither being offered any guaranteed/indicated returns nor

any guarantee on repayment of capital by the Scheme.

Read Risk factorsProspective investors should rely solely on the information contained in

this Scheme Information Document or documents mentioned in the

Statement of Additional Information for scheme-specific features and

terms & conditions; prospective investors are advised to consult an

investment advisor before taking an investment decision.

Repatriation FacilitiesNRIs and registered FIIs may invest in the Scheme on full repatriation

basis, subject to necessary RBI approvals, if any.

Valuation of AssetsSecurities will be valued at the end of each Valuation Day in accordance

with SEBI regulations. For further details on valuation please read the

Statement of Additional Information or vist our website

www.sundarammutual.com

Illustrative List of Tax ImplicationsThis summary of tax implications is based on the current provisions

of the applicable tax laws. This information is provided for general

purpose only. Investors should also refer to the Statement of

Additional Information available at www.sundarammutual.com for

more details. In view of the individual nature of tax implications,

investors are advised to refer the provisions of the Income-Tax Act

and/or consult their investment/tax advisor with respect to the specific

tax implications arising out of an investment in the scheme.

• Income of Sundaram Mutual Fund: Exempt from tax.

• Dividend Distribution: The scheme will pay Dividend Distribution

Tax at the rate of 25.00% to the Individual & HUFs and 30% on

distribution made to others (plus surcharge and cess as

applicable). The amount of distributed income shall be increased

to such an amount as would, after reduction of the additional

income tax (DDT) on such increased amount at the rate specified

shall be equal to the amount of income distributed by the mutual

fund.

• No wealth tax is payable on the units of the scheme.

• Units will be treated as a long-term capital asset if held for more

than 36 months. If the units are held for less than or equal to 36

months, they will be treated as short- term capital asset.

• Long-term capital gains are taxable at 20% (plus surcharge and

cess will be payable) with indexation of the cost of acquisition.

• Short- term capital gains are taxable at normal rates applicable to

the investor as per the provisions of the Income Tax Act.

• Capital loss resulting from sale of units would be available for

setting off against other capital gains made. Losses on transfer of

long-term capital assets would however be allowed to be set-off



only against gains from transfer of long-term capital assets. LTCL

from debt funds can be set off against LTCG of all assets. LTCL

from debt funds cannot be set off against STCG. The balance long-

term capital loss shall be carried forward separately for a period of

eight assessment years to be set off only against long term capital

gains.

Investors should also refer to the Statement of Additional Information

available at www.sundarammutual.com for more but not exhaustive

details.

Information AccessInvestors may access NAV, performance charts, portfolio details,

Scheme features, fact sheet, product note/guide, Scheme Information

Document, Statement of Additional Information, FAQs and any relevant

Scheme-specific material on www.sundarammutual.com.

Investor Relations Manager

Dhiren H ThakkerHead- Customer Services

Sundaram Asset Management Company Limited

Satellite Gazebo, Unit no. 101/102, B Wing,

B D Sawant Marg, Chakala,

Andheri-Ghatkopar Link Road,

Andheri (East), Mumbai – 400 093.

CustodianStandard Chartered Bank, Mumbai registered with SEBI, vide

Registration No IN/CUS/006, has been appointed custodian for the

securities in the Scheme. The responsibilities of the custodian include:

• to keep in safe custody all the securities and instruments belonging

to the Scheme;

• to ensure smooth inflow/outflow of securities and instruments as

and when necessary in the best interest of the investors;

• to ensure that the benefits due on the holdings are received;

• to be responsible for the loss or damage to the securities due to

negligence on its part or on the part of its approved agents.

The Trustee reserve the right to appoint any other custodian(s)

approved by SEBI.

Fund Accountant:Fund Accounting has been operationally outsourced to Sundaram

BNP Paribas Funds Services Limited

Registrar and Transfer Agents

SEBI Registration No. INR 000004066

Unit: Sundaram Mutual Fund

23, Cathedral Garden Road

Nungambakkam

Chennai 600 034.

Contact Number 1860 425 7237 (India) +91 44 28310301 (NRI)

The activities inter-alia include:

i. Record accounting entries to the fund.

ii. Reconcile account balances for the fund.

iii. Establish policies and procedures to assure proper fund

accounting.

iv. Maintain proper documentation.

v. Update computer system records.

vi. Perform fund valuations of unit trusts and custodian accounts.

vii. Prepare schedules and tailor-made client reports.

viii. Coordinate preparation of annual accounts and audit unit trusts

and custodian accounts.

However, the Fund administration part would continue to be handled

by the Operations Department of the Investment Manager.

RegistrarSundaram BNP Paribas Fund Services Limited,

Registrar and Transfer Agents,

SEBI Registration No. INR 000004066

Unit: Sundaram Mutual Fund,

23, Cathedral Garden Road

Nungambakkam

Chennai 600 034..

Contact Number: 1860 425 7237 (India) +91 44 28310301 (NRI)

Information to Unit HoldersOn acceptance of a valid application for subscription, units will be

allotted and a confirmation specifying the number of units allotted by

way of email and/or SMS will be sent to the Unit holder's registered e-

mail address and/or mobile number within 5 Business Days from the

date of closure of NFO (date of receipt of transaction request during

ongoing offer period).

Subject to SEBI Regulations, Statement of Accounts will be sent to

those unitholders by post whose registered email address / mobile

number is not available with the Mutual Fund, unless otherwise

required. Money would be refunded in respect of applications rejected,

within five business days from the closure of the NFO period.

Consolidated Account Statement:1) A consolidated account statement (CAS)^ for each calendar

month to the Unit holder(s) in whose folio(s) transaction**(s)

has/have taken place during the month shall be sent on or before

10th of the succeeding month by mail/e-mail.

^Consolidated Account Statement (CAS) shall contain details

relating to all the transactions** carried out by the investor across

all schemes of all mutual funds during the month and holding at

the end of the month including transaction charges paid to the

distributor, if any.

**The word ‘transaction’ shall include purchase, redemption,

switch, dividend payout, dividend reinvestment, systematic

investment plan, systematic withdrawal plan, systematic transfer

plan and bonus transactions.

2) In case of a specific request received from the Unit holders, the

AMC/Mutual Fund will provide the account statement to the

investors within 5 Business Days from the receipt of such

request.

3) In case the mutual fund folio has more than one registered

holder, the first named Unit holder shall receive the CAS/account

statement.

4) For the purpose of sending CAS, common investors across

mutual funds shall be identified by their Permanent Account

Number (PAN).

5) The CAS shall not be received by the Unit holders for the folio(s)

not updated with PAN details. The Unit holders are therefore

requested to ensure that the folio(s) are updated with their PAN.

6) Further, the CAS detailing holding across all schemes of all

mutual funds at the end of every six months (i.e. September/

March), shall be sent by mail/e-mail on or before 10th day of

succeeding month, to all such Unit holders in whose folios no

transaction has taken place during that period. The half yearly

CAS will be sent by email to the Unit holders whose e-mail

address is available, unless a specific request is made to

receive in physical. Such Consolidated Account Statement

shall reflect the latest closing balance and value of the Units

prior to the date of generation of the account statement.

7) The statement of holding of the beneficiary account holder for

units held in DEMAT will be sent by the respective DPs

periodically.

8) Pursuant to SEBI circular CIR/MRD/DP/31/2014 dated

November 12, 2014 Investors having Mutual Fund investments

and holding securities in Demat account shall receive a single

Consolidated Account Statement (CAS) from the Depository.

Consolidation of account statement shall be done on the basis

of Permanent Account Number (PAN). In case of multiple

holding, it shall be PAN of the first holder and pattern of

holding. The CAS shall be generated on a monthly basis. If

there is any transaction in any of the Demat accounts of the

investor or in any of his mutual fund folios, depositories shall

send the CAS within ten days from the month end. In case,

there is no transaction in any of the mutual fund folios and

demat accounts then CAS with holding details shall be sent to

the investor on half yearly basis.

9) Pursuant to SEBI circular SEBI/HO/IMD/DF2/CIR/P/2016/89

dated September 20, 2016, the following points have been

incorporated to increase the transperancy of information to the

investors.

A Each CAS issued to the investors shall also provide the total

purchase value / cost of investment in each scheme.

B Further, CAS issued for the half-year (ended September/

March) shall also provide:

(i) The amount of actual commission paid by AMCs/Mutual

Funds (MFs) to distributors (in absolute terms) during the

half-year period against the concerned investor’s total

investments in each MF scheme. The term ‘commission’

here refers to all direct monetary payments and other

payments made in the form of gifts / rewards, trips, event

sponsorships etc. by AMCs/MFs to distributors. Further, a

mention may be made in such CAS indicating that the

commission disclosed is gross commission and does not

exclude costs incurred by distributors such as GST

(wherever applicable, as per existing rates), operating

expenses, etc.

(ii) The scheme’s average Total Expense Ratio (in

percentage terms) for the half-year period for each

scheme’s applicable plan (regular or direct or both) where

the concerned investor has actually invested in.

C. Such half-yearly CAS shall be issued to all MF investors,

excluding those investors who do not have any holdings in

MF schemes and where no commission against their

investment has been paid to distributors, during the

concerned half-year period.

Any circular/clarification issued by SEBI in this regard will

automatically become applicable and shall be incorporated in the

SID/SAI/KIM wherever applicable.

The Investment Manager shall publish the portfolio of the scheme as

of March 31 and September 30 of every year before the expiry of one

month from the close of each half year. The portfolio shall be

published in the SEBI-prescribed format in one national English daily

newspaper and in a newspaper in the language of the region where

the Head Office of the Mutual Fund is situated. The Investment

Manager shall disclose the portfolio (along with ISIN) as on the last

day of the month for all the schemes in its website

www.sundarammutual.com on or before the tenth day of the

succeeding month in a user-friendly and downloadable format,

preferably a spreadsheet.

Sundaram Mutual fund shall make half yearly disclosures of

unaudited financial results on its website www.sundarammutual.com

in the prescribed format within one month from the close of each half

year, i.e. on 31st March and on 30th September. The half- yearly

unaudited financial results shall contain details as specified in Twelfth

Schedule and such other details as are necessary for the purpose of

providing a true and fair view of the operations of the mutual fund. In

addition, Sundaram Mutual Fund shall publish an advertisement

disclosing the hosting of such financial results in its website, in atleast

one English daily newspaper having nationwide circulation and in a

newspaper having wide circulation published in the language of the

region where the Head Office of Sundaram mutual fund is situated.

Due Diligence by Sundaram Asset Management Company

It is confirmed that:

• The Scheme Information Document forwarded to SEBI is in

accordance with the SEBI (Mutual Funds) Regulations, 1996 and

the guidelines and directives issued by SEBI from time to time.

• All legal requirements connected with the launch of the scheme as

also the guidelines, and instructions issued by the Government of

India and any other competent authority in this behalf, have been

duly complied.

• The disclosures made in this Scheme Information Document are

true, fair and adequate to enable the investors to make a well-

informed decision regarding an investment in the scheme.

• The intermediaries named in this Scheme Information Document

and the Statement of Additional Information are registered with

SEBI and the registration is valid as on date.

This Scheme Information Document was approved by the Trustee of

Sundaram Mutual Fund vide letter dated 12/01/2018.

Chennai P Sundararajan

10/05/2018 Head-Compliance & Company Secretary

Table of Contents

Definitions, Abbreviations & Interpretation 7

Part I Introduction 8

Part II Scheme Information 11

Part III Units & Offer 20

Part IV Fees, Expenses, Load Structure 31

Part V Rights of Unit Holders 32

Part VI Penalties & Pending Litigation 32

Offices of Sundaram Asset Management 33



Abbreviation

In this document, an investor may find the following abbrevations.

AMC Asset Management Company

AMFI Association of Mutual Funds in India

AML Anti-Money Laundering

BSE Bombay Stock Exchange Limited

SBNPPFS Sundaram BNP Paribas Fund Services Limited

CBLO Collateralised Borrowing and Lending Obligation

CDSC Contingent Deferred Sales Charge

ECS Electronic Clearing System

EFT Electronic Funds Transfer

FII Foreign Institutional Investor

FoF Fund of Funds

FRA Forward Rate Agreement

HUF Hindu Undivided Family

IMA Investment Management Agreement

IRS Interest Rate Swap

CCC Customer Care Centre

KYC Know Your Customer

NAV Net Asset Value

NEFT National Electronic Funds Transfer

NFO New Fund Offer

NRI Non-Resident Indian

NSE National Stock Exchange of India Limited

PAN Permanent Account Number

PIO Person of Indian Origin

PMLA Prevention of Money Laundering Act, 2002

POS Points of Service

RBI Reserve Bank of India

RTGS Real Time Gross Settlement

SAI Statement of Additional Information

SEBI Securities and Exchange Board of India

SEBI Act Securities and Exchange Board of India Act, 1992

SI Standing Instructions

SID Scheme Information Document

SIP Systematic Investment Plan

STP Systematic Transfer Plan

SWP Systematic Withdrawal Plan

Interpretation: The words and expressions used in this document and

not defined shall have the meanings respectively assigned to them therein

under the SEBI Act or the SEBI Regulations.

For the purpose of this document, except as otherwise expressly provided

or unless the context otherwise requires:

• the terms defined in this Scheme Information Document include the

singular as well as the plural.

• pronouns having a masculine or feminine gender shall be deemed

to be all inclusive

• all references to `dollars’ or `$’ refers to the United States dollars

• Rs refers to Indian Rupee.

• A crore means ten million or 100 lakh and

• A lakh means a hundred thousand

• References to timings relate to Indian Standard Time (IST).

• References to a day are to a calendar day including non-Business

Day


Sundaram Fixed Term Plan-IIDefinition, Abbreviation & Interpretation

DefinitionIn this document, the following words and expressions shall have the

meaning specified herein, unless the context otherwise requires:

Applicable NAV: The NAV applicable for the redemption on the maturity

date.

Benchmark: The index for evaluating the performance of the scheme.

Business Day

A day other than

• A Saturday

• A Sunday

• A day on which there is no RBI clearing/settlement of securities

• A day on which the Reserve Bank of India and/or banks in Mumbai are

closed for business/clearing

• A day on which the Stock Exchange, Mumbai or National Stock

Exchange of India or RBI and/or banks are closed

• A day which is a public and/or bank holiday at an investor centre

• The expressions “Business Day” and” Working Day” have been used

interchangeably.

• A book closure period has been announced by the Trustee /

Investment Manager.

• A day on which normal business cannot be transacted due to storms,

floods, bandh, strikes or such other events as the Investment Manager

may specify from time to time;

The Investment Manager reserves the right to declare any day as a non

Business Day or otherwise at any or all branches/Investor Service

Centres.

Custodian: A person who has been granted a certificate of registration to

carry on the business of custodian of securities under the Securities and

Exchange Board of India (Custodian of Securities) Regulations, 1996.

Investment Management Agreement: Investment Management

Agreement dated August 24, 1996, executed between the Trustee and

the Investment Manager. Consequent to the change in the ownership &

name of the Asset Management Company and Trustee Company, the

agreement stands modified with the name of the Sundaram Asset

Management Company Ltd, as Investment Manager and Sundaram

Trustee Company, as the Trustee.

First Time Mutual Fund Investor: An investor who invests for the first

time ever in any mutual fund either by way of purchase/subscription or

Systematic Investment Plan.

Investment Manager: Sundaram Asset Management Company Limited

incorporated under the provisions of the Companies Act, 1956 and

approved by the Securities and Exchange Board of India to act as the

Investment Manager for the schemes of Sundaram Mutual Fund. AMC is

also called as Investment Manager alternatively.

Investor Service Centres or Official Points of acceptance oftransactions: Designated branches of Sundaram Asset Management

Limited or such other centres/offices as may be designated by the

company or its registrars from time to time

Mutual Fund or the Fund: Sundaram Mutual Fund, a trust set up under

the provisions of the Indian Trust Act, and registered with SEBI vide

Registration No.MF/034/97/2.

NAV: The Net Asset Value per unit of this scheme, calculated in the

manner provided in the Scheme Information Document, as may be

prescribed by SEBI regulations from time to time

The Regulations: Securities and Exchange Board of India (Mutual Funds)

Regulations 1996

Trustee: Sundaram Trustee Company Limited, as incorporated under the

Provisions of the Companies Act, 1996, and approved by SEBI to act as

Trustee to the schemes of Sundaram Mutual Fund.

Trust Deed: The Trust Deed dated March 31st 2006 (as amended from

time to time) establishing the Mutual Fund.

Unit Holder: The term unit holder and investor has been used

interchangeably in this document.


Sundaram Fixed Term Plan-IIPart I Introduction

A. Risk Factors

Standard Risk Factors:

• Investment in Mutual Fund Units involves investment riskssuch as trading volumes, settlement risk, liquidity risk, defaultrisk including the possible loss of principal.

• As the price / value / interest rates of the securities in whichthe scheme invests fluctuates, the value of your investment inthe scheme may go up or down

• Past performance of the Sponsor/InvestmentManager/Mutual Fund does not guarantee futureperformance of the scheme.

• The name of the scheme does not in any manner indicateeither the quality of the scheme or its future prospects andreturns.

• The sponsor is not responsible or liable for any loss resultingfrom the operation of the scheme beyond the initialcontribution of Rs 1 lakh made by them towards setting upthe Fund.

• The present scheme is not a guaranteed or assured returnscheme.

General Risk Factors

• The name of the Scheme does not in any manner indicateeither the quality of the Scheme or its future prospects andreturns.

• Mutual Funds and securities investments are subject tomarket risks and there is no assurance or guarantee that theobjectives of the Scheme will be achieved.

• The main types of risks to which the Scheme is exposed arerisk of capital loss, market risk, currency risk, liquidity risk,credit risk, counter party default risk, to name a few.

• As with any investment in securities, the NAV of the Unitsissued under this Scheme can go up or down depending onthe factors and forces affecting the capital markets.

• The NAV may be affected by factors such as marketconditions, level of interest rates, market-related factors,trading volumes, settlement periods, transfer procedures,price/interest rate risk, credit risk, government policy, volatilityand liquidity in markets, exchange rate, geo-politicaldevelopment, to name a few.

• Trading volumes in the securities in which it invests inherentlyrestricts the liquidity of the scheme’s investments.

• Change in Government policy in general and changes in taxbenefits applicable to mutual funds may impact the returns toInvestors in the scheme.

• The tax benefits available under the scheme are as availableunder the present taxation laws and subject to relevantconditions. The information given is included for generalpurposes only and is based on advice that the InvestmentManager has received regarding the law and the practicethat is now in force in India.

• Unit holders should be aware that the relevant fiscal rules andtheir interpretation might change. As is the case with anyinvestment, there can be no guarantee that the tax position orthe proposed tax position prevailing at the time of investmentin the Scheme will endure indefinitely. In view of the individualnature of tax consequences, each Investor/Unit holder isadvised to consult his/her own professional tax advisor.

• If the market conditions turn adverse (such as high levels ofvolatility or disruption to trading activity to name a few) themutual fund reserves the right to cancel the Scheme duringthe New Fund Offer period and also during the five businessdays following the close of the Offer period.

• Investors/unit holders are also urged to read the detailedclause(s) titled ‘Special considerations.

This is only an illustrative list and not an exhaustive list of riskfactors that could affect the NAV of the Scheme. They should readthe risk factors presented in this document though the list is no wayexhaustive. Potential investors should rely solely on the informationcontained in this Prospectus or the documents mentioned hereinand are advised to consult their investment advisors before takinginvestment decisions.

Risk Factors associated with closed end funds

• The Units will not be redeemed prior to maturity and Liquiditywill be available only by selling the units in Demat form in theStock Exchange.

• Though the Units will be listed, there can be no assurancethat there will be active secondary market for them.

• Trading in the Stock Exchanges in which the Units of theScheme are listed may be closed/ suspended by the StockExchange authorities under special circumstances (e.g., dueto market volatility/Circuit filter Rules/breakdown ofcommunication/ network systems etc.)Scheme Specific RiskFactors.

Interest Rate Risk: Changes in the prevailing rates of interest islikely to affect the value of the scheme’s holdings and consequentlythe value of the scheme’s Units. Increased rates of interest, whichfrequently accompany inflation and /or a growing economy, arelikely to have a negative effect on the value of the Units. The valueof debt securities held by the scheme generally will vary inverselywith the changes in prevailing interest rates. • While it is the intent of the fund manager to invest primarily in

high rated debt securities, the scheme may from time to timeinvest in higher yielding, low rated securities. As a result, aninvestment in the scheme may be accompanied by a higherdegree of risk relative to an investment consisting exclusivelyof high rated, lower yielding securities.

• Credit Risk: Credit Risk refers to the risk of interest (coupon)payment and /or principal repayment. All debt instrumentscarry this risk. Government securities carry sovereign creditrisk the assets of the Scheme will be partly or entirelyinvested in corporate debt. The assets of the Scheme will bepartly or entirely invested in fixed income securities issuedby a corporate entity, bank, financial institution and/or apublic sector undertaking owned by the Government of Indiaor by a government in any state. The credit risk associatedwith the aforementioned issuers of debt is higher than that ofgovernment securities.

• Price Risk: As long as the Scheme will be invested, its NetAsset Value (NAV) is exposed to market fluctuations, and itsvalue can go up as well as down. The portfolio of fixed-income securities that the Scheme invests in would beexposed to price changes on a day-to-day basis.

• These price changes may occur due to instrument-specificfactors as well as general macroeconomic conditions. Ingeneral, price of fixed-income securities go up when interestrates fall, and vice versa.

• Market Risk: The Scheme may also be subject to pricevolatility due to such factors as interest sensitivity, marketperception or the creditworthiness of the issuer and generalmarket liquidity .

• Liquidity Risk: A lower level of liquidity affecting an individualsecurity (ies) or an entire market may have an adversebearing on the value of the Scheme’s assets. This may moreimportantly affect its ability to sell particular securities withminimal impact cost as and when necessary to meet

requirement of liquidity or to sell stocks in response to

triggers such as a specific economic/corporate event.

Trading volumes, settlement periods and transfer procedures

may restrict the liquidity of a few of the investments.

• Risk of Migration in Rating: It may be noted that the price

of a rated security would be impacted with the change in

rating of that security and hence, there is risk associated with

such migration in rating.

Different types of securities in which the Scheme would invest as

given in the Scheme Information Document carry different levels

and types of risk. Accordingly the Scheme's risk may increase or

decrease depending upon its investment pattern. e.g. corporate

debt carry credit risk unlike Government securities. Further even

among corporate debt, AAA rated debt is comparatively less risky

(in credit risk terms) than those rated lower (say AA or A).

• Fixed Income securities of any issuer that has higher duration

could be more risky in terms of price movements relative to

those with lower duration. Thus any impact of interest rate

changes would be higher on securities with higher duration

irrespective of the status of the issuer of the security.

• Sundaram Fixed Term Plan-II is not a money market scheme.

Risks associated with investments in Securitised Assets A securitization transaction involves sale of receivables by the

originator (a bank, non-banking finance company, housing finance

company, or a manufacturing/service company) to a Special

Purpose Vehicle (SPV), typically set up in the form of a trust.

Investors are issued rated Pass Through Certificates (PTCs), the

proceeds of which are paid as consideration to the originator. In

this manner, the originator, by selling his loan receivables to an SPV,

receives consideration from investors much before the maturity of

the underlying loans. Investors are paid from the collections of the

underlying loans from borrowers. Typically, the transaction is

provided with a limited amount of credit enhancement (as

stipulated by the rating agency for a target rating), which provides

protection to investors against defaults by the underlying

borrowers.

As with any other debt instrument, the following risk factors have to

be taken into consideration while investing in PTCs:

a. Credit Risk: Since most of the PTCs are drawn from a cherry

picked pool of underlying assets, the risk of delay / default

due to poor credit quality is low. Furthermore, most of the

PTCs enjoy additional cashflow coverage in terms of

subordination by another lower class of PTCs or in terms of

excess cash collateralization.

b. Liquidity Risk: Historically the secondary market volume of

securitised papers has been limited. This could limit the

ability of the fund to resell them. Secondary market trades

could be at a discount or premium depending upon the

prevailing interest rates.

c. Price Risk / Interest Rate Risk: The price risk of these

instruments shall be in line with the maturity / duration of such

instruments.

Risks associated with Investing in Derivatives

• Counter Party Risk: The credit risk is the risk that the counter

party will default obligations. There is, however, no exchange

of principal amounts in a derivative transaction.

• Market risk: Derivatives carry the risk of adverse changes in

the market price.

• Illiquidity risk: The risk that a derivative cannot be sold or

purchased quickly enough at a fair price, due to lack of

liquidity in the market.

• Basis Risk: the risk that the movements in swap rates does

not actually reflect the expected movement in benchmark

rates, thus, creating a mismatch with what was intended.

• Model Risk: this is the risk of mis-pricing or improper

valuation of derivatives.

It may be mentioned here that the guidelines issued by Reserve

Bank of India from time to time for forward rate agreements and

interest rate swaps and other derivative products would be

adhered to.

The Scheme may also use various derivative and hedging

products from time to time, as would be available and permitted

by SEBI, in an attempt to protect the value of the portfolio.

As and when the Scheme trades in the derivatives market there are

risk factors and issues concerning the use of derivatives that

investors should understand. Derivative products are specialized

instruments that require investment techniques and risk analysis

different from those associated with stocks and bonds. The use of

a derivative requires an understanding not only of the underlying

instrument but also of the derivative itself. Derivatives require the

maintenance of adequate controls to monitor the transactions

entered into, the ability to assess the risk that a derivative adds to

the portfolio and the ability to forecast price or interest rate

movements correctly. There is the possibility that a loss may be

sustained by the portfolio as a result of the failure of another party

(usually referred to as the "counter party") to comply with the terms

of the derivatives contract. Other risks in using derivatives include

the risk of mispricing or improper valuation of derivatives and the

inability of derivatives to correlate perfectly with underlying assets,

rates and indices. Thus, derivatives are highly leveraged

instruments. Even a small price movement in the underlying

instrument could have a large impact on their value. Also, the

market for derivative instruments is nascent in India.

The Scheme may use techniques such as interest rate swaps,

options on interest rates, warrants, forward rate agreement and

other derivative instruments that are / may be permitted under

SEBI/RBI Regulations. These techniques and instruments, if

imperfectly used, have the risk of the Scheme incurring losses due

to mismatches, particularly in a volatile market. The Fund's ability

to use these techniques may be limited by market conditions,

regulatory limits and tax considerations (if any).

Derivative products are leveraged instruments and can provide

disproportionate gains as well as disproportionate losses to the

investor. Execution of such strategies depends upon the ability of

the fund manager to identify such opportunities. Identification and

execution of the strategies to be pursued by the fund manager

involve uncertainty and decision of fund manager may not always

be profitable. No assurance can be given that the fund manager

will be able to identify or execute such strategies.

The risks associated with the use of derivatives are different from

or possibly greater than, the risks associated with investing directly

in securities and other traditional investments.

B. Requirement of Minimum Investors

Scheme shall have a minimum of 20 investors and no singleinvestor shall account for more than 25% of the corpus of theScheme. These conditions will be complied with immediately afterthe close of the NFO itself i.e. at the time of allotment. In case ofnon-fulfillment with the condition of minimum 20 investors, theScheme shall be wound up in accordance with Regulation 39 (2)(c) of SEBI (MF) Regulations automatically without any referencefrom SEBI. In case of non-fulfillment with the condition of 25%holding by a single investor on the date of allotment, the applicationto the extent of exposure in excess of the stipulated 25% limit wouldbe liable to be rejected and the allotment would be effective only


Sundaram Fixed Term Plan-IIPart I Introduction

to the extent of 25% of the corpus collected. Consequently, suchexposure over 25% limits will lead to refund within 5 business daysof the date of closure of the New Fund Offer.

C. Special Considerations

Prospective investors should review / study this scheme informationdocument carefully and in its entirety and shall not construe thecontents hereof or regard the summaries contained herein asadvice relating to legal, taxation, or financial/ investment mattersand are advised to consult their own professional advisor(s) as tothe legal or any other requirements or restrictions relating to thesubscription, gifting, acquisition, holding, disposal (sale, transfer,switch or redemption or conversion into money) of units and to thetreatment of income (if any), capitalization, capital gains, anydistribution, and other tax consequences relevant to theirsubscription, acquisition, holding, capitalization, disposal (sale,transfer, switch or redemption or conversion into money) of unitswithin their jurisdiction / of nationality, residence, domicile etc. orunder the laws of any jurisdiction to which they or any managedFunds to be used to purchase/gift units are subject, and (also) todetermine possible legal, tax, financial or other consequences ofsubscribing / gifting to, purchasing or holding units before makingan application for units.Neither this scheme information document nor the units have beenregistered in any jurisdiction. The distribution of this schemeinformation document in certain jurisdictions may be restricted orsubject to registration requirements and, accordingly, persons whocome into possession of this scheme information document incertain jurisdictions are required to inform themselves about, andto observe, any such restrictions. No person receiving a copy ofthis scheme information document or any accompanyingapplication form in such jurisdiction may treat this schemeinformation document or such application form as constituting aninvitation to them to subscribe for units, nor should they in anyevent use any such application form, unless in the relevantjurisdiction such an invitation could lawfully be made to them andsuch application form could lawfully be used without compliancewith any registration or other legal requirements. Neither thedelivery of this scheme information document nor any sale madehereunder shall, under any circumstances, create any implicationthat the information contained herein is correct as of any timesubsequent to the close of the New Fund Offering Period.

Details under FATCA/Common Reporting Standards(CRS)/Foreign Tax Laws

Compliance under Foreign Account Tax Compliance Act /CommonReporting Standard requirements: Foreign Account TaxCompliance Act: Foreign Account Tax Compliance Act ("FATCA") isa United States (US) law aimed at prevention of tax evasion by UScitizens and residents ("US Persons") through use of offshoreaccounts. FATCA obligates foreign financial institution (FFIs),including Indian financial institutions to provide the US InternalRevenue Service (IRS) with information on the accounts of to reportaccounts held by specified US Persons. FATCA requires enhanceddue diligence processes by the FFI so as to identify US reportableaccounts. With respect to individuals, the US reportable accountswould cover those with US citizenship or US residency. Theidentification of US person will be based on one or more offollowing "US indicia" • Identification of the Account Holder as aUS citizen or resident; Unambiguous indication of a US place ofbirth; • Current US mailing or residence address (including a USpost office box); • Current US telephone number; • Standinginstructions to transfer funds to an account maintained in USA; •Current effective power of attorney or signing authority granted to

a person with a US address; or • An "in-care of or "hold mail"

address that is the sole address that the Indian Financial Institution

has on the file for the Account Holder. Since domestic laws of

sovereign countries, (including India) may not permit sharing of

confidential client information by FFIs directly with US IRS, the U.S.

has entered into Inter-Governmental Agreement (IGA) with various

countries. The IGA between India and USA was signed on 9th July,

2015, which provides that the Indian FIs will provide the necessary

information to Indian tax authorities, which will then be transmitted

to USA automatically. Common Reporting Standard - The New

Global Standard for Automatic Exchange of Information: On similar

lines as FATCA, the Organization of Economic Development

(OECD), along with the G20 countries, of which India is a member,

has released a "Standard for Automatic Exchange of Financial

Account Information in Tax Matters", in order to combat the problem

of offshore tax evasion and avoidance and stashing of

unaccounted money abroad, requiring cooperation amongst tax

authorities. The G20 and OECD countries have together developed

a Common Reporting Standard (CRS) on Automatic Exchange of

Information (AEOI). The CRS on AEOI was presented to G20

Leaders in Brisbane on 16th November, 2014. On June 3, 2015,

India has joined the Multilateral Competent Authority Agreement

(MCAA) on AEOI. The CRS on AEOI requires the financial

institutions of the "source" jurisdiction to collect and report

information to their tax authorities about account holders "resident"

in other countries, such information having to be transmitted

"automatically' annually. The information to be exchanged relates

not only to individuals, but also to shell companies and trusts

having beneficial ownership or interest in the "resident" countries.

Accordingly with effect from November 1, 2015 all investors will

have to mandatorily provide the details and declaration pertaining

to FATCA/CRS for all new accounts opened, failing which the AMC

shall reject the application.

Sundaram Mutual Fund / the AMC is classified as a ‘Foreign

Financial Institution’ under the FATCA provisions. Accordingly, the

AMC / Mutual Fund will be required to undertake due diligence

process and identify US reportable accounts and collect such

information / documentary evidences of the US and / or non-US

status of its investors / Unit holders and disclose such information

(directly or through its agents or service providers) as far as may

be legally permitted about the holdings / investment returns to US

Internal Revenue Service (IRS) and / or the Indian Tax Authorities.

The AMC has registered with US Internal Revenue Service (IRS)

and has obtained a Global Intermediary Identification Number

(GIIN): EY9227.99999.SL.356 for the said reporting purposes.

FATCA/CRS due diligence will be directed at each investor / Unit

holder (including joint investor) and on being identified as a

reportable person / specified US person, all the folios will be

reported. In case of folios with joint holders, the entire account

value of the investment portfolio will be attributable under each

such reportable person. An investor / Unit holder will therefore be

required to furnish such information as and when sought by the

AMC in order to comply with the information reporting requirements

stated in IGA and circulars issued by SEBI/Government of India in

this regard from time to time. The information disclosed may

include (but is not limited to) the identity of the investors and their

direct or indirect beneficiaries, beneficial owners and controlling

persons. Investors / Unitholders should consult their tax advisors

regarding FATCA/CRS requirements with respect to their situation.


Sundaram Fixed Term Plan-IIPart I

A. Type (fundamental attribute)

close-ended income scheme

B. Investment Objective (fundamental attribute)

The objective of the Scheme would be to generate income by

investing in debt and money market securities, which mature on or

before the maturity of the scheme. However, there is no assurance or

guarantee that the investment objective of the scheme will be

achieved.

No guarantee/assuranceInvestors are neither being offered any guarantee/indicated returns

nor any guarantee on repayment of capital by the Scheme. There is

also no guarantee/assurance of capital or return either by the Mutual

Fund or by the Sponsor or by Investment Manager. The Mutual Fund/

Investment Manager and its empanelled brokers has not given and

shall not given any indicative portfolio and indicative yield in any

communication, in any manner whatsoever. Investors are advised not

to rely on any communication regarding indicative yield/ portfolio with

regard to the scheme.

Investment universeThe scheme will invest primarily in a portfolio of money-market

securities and fixed-income securities and derivatives, in an effort to

seek the investment objective.

C. Indicative Asset Allocation (fundamental attribute)

The indicative asset allocation pattern is:

Instrument Allocation Risk profileMoney-market instruments, including

Bill rediscounting

& Cash Equivalents Up to 100% Low to medium

Short-term and medium-

term debt instruments Up to 100% Low to medium

i. The investment in securitized debt including Pass Through

Ceritificates (PTCs) may be made up to 50% of the net assets of

the scheme.

ii. The scheme shall not invest in foreign securities / ADRs/ GDRs

iii. The scheme shall not engage in securities lending/borrowing and

short selling

iv The Scheme shall invest in repo in Corporate Bond upto 10% of

the net assets of the scheme.

Exposure to derivatives will be limited to 50% of the net asset value

of the Scheme at the time of transaction.

The cumulative gross exposure to debt, money market instruments and

derivatives shall not exceed 100% of the net assets of the scheme,

subject to SEBI circular No. Cir/ IMD/ DF/ 11/ 2010 dated August 18, 2010.

For this purpose, the same security wise hedge positions shall not be

considered in computing the gross exposure. The scheme shall not make

any investment in foreign securities or in credit default swaps.

The scheme may review the pattern of investments based on views

on the debt markets and asset-liability management needs. The

portfolio shall be reviewed on a monthly basis. At all times, the

objective of the portfolio will be to seek income.

The Scheme shall commence investment only on completion of the

New Fund Offer period. Scheme is permited to invest in Money

Market instruments during the NFO period.

Investment in CBLO before the closure of NFO: In accordance with

SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42, dated March 18,

2016, the scheme may deploy the NFO proceeds in CBLO before the

closure of NFO period. The appreciation received from investment in

CBLO shall be passed on to investors. In case if the scheme is not

able to garner the minimum subscription amount during the NFO

period the interest earned upon investment of NFO proceeds in CBLO

shall be returned to investors, in proportion of their investments,

along-with the refund of the subscription amount. The AMC shall not

charge any investment management and advisory fees on funds

deployed in CBLOs during the NFO period.

Portfolio rebalancingSubject to the Regulations and in accordance with the SEBI Circular

No: Cir/ IMD/ DF/12 /2011 dated August 1, 2011 the asset allocation

pattern indicated above will be maintained, apart from the permitted

changes and exceptions stated under “Intended Asset Allocation”

table. In the event of any deviations from the floor and ceiling of credit

ratings specified for any instrument in the "Main Asset Allocation"

table as well as “Intended Asset Allocation” table, the same shall be

rebalanced from the date of the said deviation as under:


upto 3 months


upto 6 months


Where the portfolio is not rebalanced within the period prescribed in

the table above, justification for the same shall be placed before the

Executive Committee and the Board of Trustees along with reasons

recorded in writing. The Executive committee of the Investment

Manager, having two Independent Directors as its members and four

members in total, shall then decide on the course of action.



Brief note on fixed-income and money market in India

(i) Debt Instrument Characteristics:A Debt Instrument is basically an obligation which the borrower has

to service periodically and generally has the following features:

Face Value: Stated value of the paper /Principal Amount

Coupon: Zero, fixed or floating

Frequency: Semi-annual; annual, sometimes quarterly

Maturity: Bullet, staggered

Redemption: FV; premium or discount

Options: Call/Put

Issue Price: Par (FV) or premium or discount

A debt instrument comprises of a unique series of cash flows for each

paper, terms of which are decided at the time of issue. Discounting

these cash flows to the present value at various applicable discount

rates (market rates) provides the market price.

(ii) Types of Debt Market Instruments:The Indian Debt market comprises of the Money Market and the Long

Term Debt Market.


Sundaram Fixed Term Plan-IIPart II Information about the Scheme



Money market instruments are Commercial Papers (CPs),

Certificates of Deposit (CDs), Treasury bills (T-bills), Repos, Inter-bank

Call money deposit, CBLOs, Bill rediscounting etc. They are mostly

discounted instruments that are issued at a discount to face value.

Money market instruments have a tenor of less than one year while

debt market instruments typically have a tenor of more than one year.

Long Term Debt market in India comprises mainly of two segments

viz., the Government securities market and the corporate securities

market.

Government securities include central, state and local issues. The

main instruments in this market are dated securities (Fixed or

Floating) and Treasury bills (Discounted Papers). The Central

Government securities are generally issued through auctions on the

basis of ‘Uniform price’ method or ‘Multiple price’ method while State

Govt. are through on-tap sales.

Corporate Debt segment on the other hand includes

Bonds/Debentures issued by Private Corporates, Public Sector Units

(PSUs) And Development Financial Institutions (DFIs). The

debentures are rated by a rating agency and based on the feedback

from the market, the issue is priced accordingly. The bonds issued

may be fixed or floating. The floating rate debt market has emerged

as an active market. Benchmarks range from Overnight rates or

Treasury benchmarks.

Debt derivatives market comprises mainly of Interest Rate Swaps

linked to Overnight benchmarks called MIBOR (Mumbai Inter Bank

Offered Rate) and is an active market. Banks and Corporates are

major players here and of late Mutual Funds have also started

hedging their exposures through these products.

The following table gives approximate yields prevailing during the

month of May 2018 on some of the instruments. These yields are

indicative and do not indicate yields that may be obtained in future

as interest rates keep changing consequent to changes in macro

economic conditions and RBI policy

Issuer Instruments Maturity YieldsGOI Treasury Bill 91 days 6.11%

GOI Treasury Bill 364 days 6.42%

GOI Short Dated 1-3 Yrs 6.75% - 7.55%

GOI Medium Dated 3-5 Yrs 7.55% - 7.78%

GOI Long Dated 5-10 Yrs 7.73% - 7.78%

Corporates Bonds (AAA) 1 - 3 years 7.87% - 8.20%

Corporates Bonds (AAA) 3 - 5 years 8.20% - 8.42%

Corporates CPs (A1+) 3 months - 1 yr 7.45%-7.88%

Banks CDs 3 months - 1 yr 7.51%-7.84%

Source: Bloomberg. As on May 02, 2018

(iii) Regulators:The RBI operates both as the monetary authority and the debt

manager to the government. In its role as a monetary authority, the

RBI participates in the market through open-market operations as well

as through Liquidity Adjustment Facility (LAF) to regulate the money

supply. It also regulates the bank rate and repo rate, and uses these

rates as indirect tools for its monetary policy. The RBI as the debt

manager issues the securities at the cheapest possible rate. The SEBI

regulates the debt instruments listed on the stock exchanges.

(iv) Fixed income and money market segments

The market for fixed-income securities in India can be briefly divided

into the following segments:

• The money market – The market for borrowing / lending money;

• The securities market – The market for trading in securities and

• The derivatives market – The market for fixed income derivatives.

In this predominantly institutional market, the key market players are

banks, financial institutions, insurance companies, mutual funds,

primary dealers and companies. Provident / pension funds, though

present, are not active players.

The Money Market

The money market can be classified into two broad categories

The market for clean borrowing/lending without backing of any

collateral:

• Call Money: The market for overnight borrowing/lending.

• Notice Money: The market for borrowing/lending from 2 days

to a fortnight.

• Term Money: The market for borrowing/lending from a fortnight

to six months.

The market for collateralised borrowing/lending:

• Repo transactions: These are redemption-obligation

transactions in which the borrower tenders securities to the

lender; these securities are bought back by the borrower on

the redemption date. The price difference between the sale and

redemption of the securities is the implicit interest rate for the

borrowing/lending. The eligible underlying securities for these

transactions are government securities and treasury bills.

Corporate bonds are not allowed as eligible securities for repo

transactions. The minimum repo term (lending /borrowing

period) is one day.

• CBLO: CBLO stands for Collateralized Borrowing and Lending

Obligation. CBLO is a discount instrument introduced by the

Clearing Corporation of India Limited (CCIL). They can be

traded like any other discount instrument. Lenders buy CBLOs

and borrowers sell CBLOs. CCIL manages the risks inherent in

issuing these securities through a system of margins and

deposits that it takes from both lenders and borrowers. CBLOs

can be issued/bought/sold for a minimum of one day to a

maximum of 364 days.

The Securities Market

The market for fixed-income securities can be broadly classified into

• The market for money market (short-term) instruments: Money-

market securities are generally discount securities maturing within

one year from the date of issuance. Instruments satisfying this

criterion are treasury bills, commercial paper (obligations of the

corporate sector) and certificate of deposit (obligations of banks).

• The market for Government Securities: Government securities are

medium-/long-term Fixed Income Securities of the government.

The market for government securities is the most liquid segment of

the fixed-income market in India. Most of the secondary market

trading is concentrated in government securities. Trading in



government securities is now done mostly through an electronic

trading, reporting and settlement platform developed by the

Reserve Bank of India (RBI) called Negotiated Dealing System.

The role of brokers, which was an important element of the Indian

bond market, is now less significant in this segment than in the

past.

• The market for corporate bonds: Trading in corporate bonds is

relatively subdued (in comparison to government securities). Price

discovery and trading in this segment are still through the

telephone. Attempts at improving the trading, settlement and risk-

management practices for trading corporate bonds are currently

underway.

• The market for floating-rate securities: The coupon rate in floating-

rate securities is linked to an acceptable benchmark. Floating-rate

securities generally have a coupon rate, which is reset over a

regular period depending on the benchmark chosen. The market

widely uses the MIBOR benchmarks announced by Independent

agencies such as NSE and Reuters. When benchmark interest rate

rises, the income generated on these floating-rate securities may

also rise. When the benchmark interest rates decline, the income

generated on these floating-rate securities may decline.

Increasingly more companies are raising resource through

floating-rate securities. Most of such securities are in the form of

floating-rate debentures at a spread over NSE MIBOR. The other

popular benchmark is the Indian Government securities

benchmark yield (known as INBMK). The reset in such cases

happen after a period of time, generally six months. The

Government of India has also started issuing floating-rate

securities using INBMK 1 year as the benchmark.

The Fixed-Income Derivatives MarketThe interest-rate derivatives market is at a developing stage in India.

Instruments broadly transacted are • Interest Rate Swaps • Interest

Rate Futures and • Forward Rate Agreements.

• Interest Rate Swaps: This is an agreement between two parties to

exchange stated interest obligations for an agreed period in

respect of a notional principal amount. The most common form is

a fixed-to-floating-rate swap where one party receives a fixed (pre-

determined) rate of interest while the other receives a floating

(variable) rate of interest.

• Interest Rate Future (IRF): An interest rate futures contract is "an

agreement to buy or sell a debt instrument at a specified future

date at a price that is fixed today." Interest rate futures are

derivative contracts which have a notional interest bearing security

as the underlying instrument. The buyer of an interest rate futures

contract agrees to take delivery of the underlying debt instruments

when the contract expires and the seller of interest rate futures

agrees to deliver the debt instrument. The fund can effectively use

interest rate futures to hedge from increase in interest rates.

• Forward Rate Agreement: This is basically a forward-starting

interest-rate swap. It is an agreement between two parties to pay

or receive the difference between an agreed fixed rate (the FRA

rate) and the interest rate (reference rate) prevailing on a stipulated

future date, based on a notional principal amount for an agreed

period. The only cash flow is the difference between the FRA rate

and the reference rate. The notional amounts are not exchanged.

(v) Market Participants:Given the large size of the trades, the debt market has remained

predominantly a wholesale market.

Primary DealersPrimary Dealers (PDs) act as underwriters in the primary market, and

as market makers in the secondary market.

BrokersBrokers bring together counterparties and negotiate terms of the

trade.

InvestorsBanks, Insurance Companies, Mutual Funds are important players in

the debt market. Other players are Trusts, Provident and pension

funds.

(vi) Trading Mechanism:Government Securities and Money Market Instruments

Negotiated Dealing System (NDS) is an electronic platform for

facilitating dealing and online reporting of transactions. Government

Securities (including T-bills), call money, notice/term money, repos in

eligible securities, etc. are available for negotiated dealing through

NDS. Currently G-Sec deals are done telephonically and reported on

NDS.

Corporate Debt is basically a phone driven market where deals are

concluded verbally over recorded lines. The reporting of trade is done

on the NSE Wholesale Debt Market segment.

Disclosures on credit evaluation, pursuant to SEBI Circular noCir/ IMD/ DF/12 /2011 dated August 1, 2011.

1. Credit Evaluation PolicyThe objective of the Credit Evaluation Policy is to adopt the best

practices and highest standards in the investment decision making

process for appraising fixed income and money market securities.

The policy covers the following aspects:

a) The Credit Investment Process,

b) The Credit Investment Strategy and

c) The Credit Committee

a) The Credit Investment Process:The investment process is stated hereunder:

The Macro View:• The macro economic variables like economic growth, industrial

output, money supply, credit growth, investment demand,

revenue deficit, balance of payments.

• The Monetary policy stance, the level of administered rates,

Central Bank reference rates and market initiatives.

• The global factors more in line with emerging market context

including credit determination, global economic growth,

commodity prices and investment preferences.

The above indicators determine some of the parameters like Liquidity,

Inflation and money flows in the economy. These parameters drive

the future interest rates and these are monitored on a regular basis.

Both the external inputs from research wings of various intermediaries

like Primary Dealers, Merchant Bankers etc. and the internal research



by the Economist are considered to arrive at the Macro View.

Issuer Selection:The credit analyst evaluates and prescribes specific issuers along

with a limit, for taking the credit exposure. The credit evaluation is

based on the process and the proprietary model approved by the

Credit Committee. The credit evaluation framework mainly considers

the following aspects:

• Company details

• Company’s position in the industry it operates

• History

• Management & Shareholdings

• Credit rating – external (with outlook if any)

• Credit rating – internal

• Financial Statement – History/forecast (including cash flow

forecast)

• Financial ratios and Qualitative analysis

• Industry / Sector outlook based on their business cycles

• Regulatory environment and Public Policies

The credit analyst reviews each issuer limits on a regular basis, as

and when the audited financials of the issuers are available. The fund

management team also provides information on issuers, obtained

through formal as well as informal sources and through market

feedback to the credit analyst, which is factored in the credit

evaluation process.

b) The Investment Strategy:Investments in the fund portfolio will be diversified among a variety of

sectors, issuer categories, credit profiles, maturity profiles and

instruments. This is intended to take care of protection of capital,

liquidity need to meet redemption and reducing impact cost while

liquidating the portfolio. Protection of the portfolio's principal is of

primary concern and hence investments may be largely restricted to

securities which have high credit quality. In case ratings get

downgraded, subsequent to our investments, to levels which are not

in line with the investment strategy, efforts shall be made to liquidate

those positions on a best efforts basis.

c) The Credit CommitteeThe Investment Manager has constituted an Internal Credit

Committee.The Committee meets periodically to review the following

aspects:

1. Decide on whether to include a new entity to the credit /

counterparty universe; Review the existing entities in the credit /

counterparty universe

2. Fix and review Credit / Counterparty limits for the existing and new

entities.

3. Review credit exposures to various entities, asset classes,

products, structures and instruments in the fixed income fund

portfolios

4. Review the yield curve and liquidity trend in the debt market with

respect to various categories of issuers.

5. Recommend Credit strategies for fixed income funds

6. Study the existing formats of risk reports and suggest

improvements

7. Review the deviations and overrides to the Fixed Income Risk

Guidelines

8. Review the impact on performance of funds owing to credit limits

and norms.

9. Such other matters delegated by the Board of Investment

Manager / Risk management Committee from time to time

2) List of Sectors, the Investment Manager would not be investing The Sectors are decided by the Credit Committee from time to time

as not suitable for investment

3) Types of Instruments, the plans proposes to invest inPlease refer section under the heading “D. Indicative InvestmentUniverse”4) Floors and Ceiling within a range of 5% of theintended allocation against each sub class of asset

Credit Rating AAA AA A BBB A1+ Not Applicable

Instruments

CDs — — — — — —

CPs/Bill rediscounting — — — — 60-65% —

NCDs — 35-40% — — — —

Government Securities/Treasury Bills/

CBLO/Reverse Repo in G-secs — — — — — 0-5%

Pursuant to SEBI Circular No: Cir/ IMD/ DF/12 /2011 dated August 1,

2011 and rules issued thereon shall also apply to the schemes:

a. The floors and ceilings within a range of 5% of the intended

allocation (%) against each sub asset class/credit rating shall be

decided at the time of filing the final offer documents with SEBI

before launch of the scheme. This will be indicated in the form of

letter to the SEBI.

b. Securities with rating A and AA shall include A+ and A- & AA+

and AA-, respectively.

c. Positive variation in investment towards higher credit ratingin the same instrument may be allowed.

d. In case of non-availability of and taking into account the risk-reward analysis of CPs, NCDs the scheme may invest inHighest rated CDs (A1), reverse repo in G Sec, CBLO.However, subsequent to investment and after a review, if thescheme finds NCDs of AAA rated and equivalent short termrating for CPs, the scheme may invest in these securities.

e. At the time of building up the portfolio post NFO and towardsthe maturity of the scheme, there may be a higher allocationto cash and cash equivalent.

f. All investment shall be made based on the rating prevalent at the

time of investment. However, in case of an instrument having dual

ratings, the most conservative publicly available rating would be

considered.

g. Disclosures with reference to investment in unratedsecurities, derivatives: The scheme/plan will not make any

investments in unrated securities. However the scheme/plan will

make investment in derivative instruments. Please refer the

heading ‘Investments in derivatives instruments’ for disclosures.

h. In the event of any deviations from the floor and ceiling ofcredit ratings specified for any instrument, the same shall berebalanced from the date of the said deviation as under:where the tenure of the scheme is more than 30 days within 5 days

upto 3 months


upto 6 months


i. Further, the above allocation may vary during the duration of the

scheme. Some of these instances are: (i) coupon inflow; (ii) the

instrument is called or bought back by the issuer (iii) in anticipation

of any adverse credit event etc. In the case of such deviations, the

Scheme may invest in highest rated CDs (A1) Reverse Repo in

Gsec, T-Bills, CBLO. Deviation, if any, due to such instances may

continue if NCDs/CPs of desired credit quality is not available.

j. Further, the above allocation may vary during the duration of the

scheme due to occurrence of any adverse credit events such as

rating downgrade/credit default. In such case, it would be the

discretion of the fund manager to either rebalance the portfolio or

continue to hold the instrument in the portfolio in the best interest

of the investor.

There will not be any variation between the intended portfolio

allocation and the final allocation portfolio allocation apart from the

exceptions in the above mentioned clauses c, d, e, h, i, j.

5) Reporting: After the closure of NFO, the Investment Manager will

report in the next meeting of Investment Manager/ Trustees, the

publicized percentage allocation and the final portfolio.

D. Indicative Investment Universe

In order to achieve investment objective, the corpus of the Scheme

can be invested in any, but not exclusively, of the following securities:

• Fixed income securities issued by the Government of India, (both

Central and State Government) public sector undertakings,

scheduled commercial banks, non-banking finance companies,

development financial institutions, supranational financial

institutions, corporate entities and trusts.

• Debt and money-market securities and such other securities as

may be permitted by SEBI and RBI regulations from time to time.

• Money-market instruments including but not limited to, treasury

bills, commercial paper of public sector undertakings and

private sector corporate entities, inter-bank call and notice

money, reverse repurchase agreements, CBLOs, certificates

of deposit of scheduled commercial banks and development

financial institutions, treasury bills, promissory notes of Central

Government, Government Securities with unexpired maturity

of one year or less and other money market securities as may

be permitted by SEBI/RBI Regulation.

• The debt securities could be listed, unlisted or privately placed.

• The non-convertible part of convertible securities.

• Units of mutual funds as may be permitted by regulations.

• Fixed-income derivatives

• Any other like instruments as may be permitted by RBI/SEBI/ such

other Regulatory Authority from time to time.

For the present, the scheme does not intend to enter into underwriting

obligations. If the scheme does enter into an underwriting agreement,

it would do so after complying with the RBI Regulations and with the

prior approval of the Board of the Investment Manager/Trustee

Company.

Pending deployment of funds in terms of investment objectives of the

scheme, the funds may be invested in short-term deposits with

scheduled Commercial Banks. The limits, tenor and other conditions

for placing deposits shall be in made in accordance with SEBI

Circular SEBI/IMD/CIR No. 1/ 91171 /07 dated April 16, 2007.

The Investment Manager shall disclose the portfolio of the schemes

in the format prescribed by SEBI on a monthly basis on its website,

www.sundarammutual.com.

E. Investment Strategy

The portfolio of the Scheme may be invested largely or completely in

one or more types of securities from even one category of issuers,

subject to adherence to single-issuer exposure limit specified in the

SEBI Regulations.

The scheme would attempt to invest in fixed-income instruments.

Purchase of debt may be made either through initial public offer,

private placement, through rights offerings, purchase on the floor of

a recognized stock exchange or through negotiated deals on the

secondary market. The scheme may invest in privately-offered

securities based on the merits of the investment proposals.

The securities could be listed, unlisted, privately placed, secured,

unsecured, rated and of any maturity bearing fixed-rate or floating

coupon rate. The scheme invests in securities that are rated by

CRISIL or ICRA or other independent credit rating agencies

registered with SEBI. The scheme may also enter into repurchase and

reverse-repurchases obligations in G-secs held by it as per the

guidelines and regulations applicable to such transactions.

The scheme shall invest in instruments rated as at least investment

grade by a recognized rating agency.

The scheme intends to use derivatives as permitted by RBI/SEBI for

hedging interest-rate risk. The actual percentage of investments in

various floating- and fixed-interest rate securities and the position of

derivatives will be decided on day-to-day basis depending upon the

prevailing view on Interest rate.

Investments in derivative instruments: SEBI has permitted all

mutual funds to participate in derivatives trading subject to

observance of guidelines issued by it in this regard. There are risk

factors and issues relating to the use of derivatives that investors

should understand (Refer details provided in Risk Factors in Part I of

this document).

Example of a derivatives transaction: Let us assume that a scheme

has an investment of Rs.10 crore in an instrument that pays interest

linked to NSE MIBOR. As the NSE MIBOR would vary daily, the

scheme is running an interest-rate risk on its investment and would

stand to lose if rates decline. To hedge itself against this risk, the

scheme could use an interest-rate swap where it receives a fixed rate

(assume 5%) on the notional amount of Rs. 10 crore and pay a

floating rate (NSE MIBOR). In doing this, the scheme would effectively

lock itself into a fixed rate of 5% as mentioned here under:

The scheme enters into an interest-rate swap on Rs.10 crore from

January 01, 2011 to February 2011. It receives a fixed rate of interest

at 5% and the counter party receives the floating rate (NSE MIBOR).

The scheme and the counter party exchange a contract of having

entered into this swap. On a daily basis, the NSE MIBOR will be

tracked by the counter parties to determine the floating rate payable



by the scheme. On February 01, 2011, the scheme will receive

interest on Rs. 10 crore at 5% p.a. for 31 days - Rs.4,24,657/-.

The scheme will pay the compounded NSE MIBOR for 31 days by

converting its floating-rate asset into a fixed rate through the swap. If

the total interest on the compounded NSE MIBOR rate is lower than

Rs.4,24,657, the scheme will receive the difference from the

counterparty. However, if the total interest on the compounded NSE

MIBOR rate is higher than Rs. 4,24,657, the scheme will have to pay

the difference to the counterparty. In other words, where the interest

on compounded NSE MIBOR is higher, the scheme would make a

lower return than what it would have made had it not undertaken the

interest-rate swap.

Purpose of derivative investment: Trading in derivatives by the

scheme shall be restricted to hedging and portfolio balancing

purposes. Hedging does not mean maximisation of returns but only

reduction of market risk inherent in the investment. The scheme will

use derivative instruments such as interest rate swaps, interest rate

futures, option on interest rate and forward rate agreements, to name

a few.

The scheme shall fully cover its positions in the derivatives market by

holding underlying securities/cash or cash equivalents/option and/or

obligation for acquiring underlying assets to honour the Obligations

contracted in the derivatives market. Separate records shall be

maintained for holding the cash and cash equivalents/securities for

this purpose. The securities held shall be marked-to-market by the

Investment Manager to ensure full coverage of investments made in

derivative products at all time.

Exposure to derivatives: Sundaram Fixed Term Plan-II shall not have

exposure of more than 50% of the net assets in derivative instruments.

Execution of such strategies depends upon the ability of the fund

manager to identify such opportunities. Identification and execution

of the strategies to be pursued by the fund manager involve

uncertainty and decision of fund manager may not always be

profitable. No assurance can be given that the fund manager will be

able to identify or execute such strategies. The risk associated with

the use of derivatives is different from or possibly greater than the

risks associated with investing directly in securities and other

traditional investments.

Risk factors for derivative investments: (Refer details provided in

Risk Factors in Part I of this document).

Valuation: The traded derivatives shall be valued at market price in

conformity with the SEBI regulations. The valuation of untraded

derivatives shall be done in accordance with the valuation method

for untraded investments prescribed in the SEBI Regulations.

General investment procedure• G-Secs are obtained from the secondary market or through

participation in Government auctions, while corporate debt

instruments may be obtained from both secondary and primary

markets. In the case of G-Secs, instruments of different maturities

can be easily traded under normal market conditions. The

particular instrument will be chosen as a result of the duration and

exposure weight decisions.

• In the case of corporate debt, if the instruments are to be obtained

through private-placement route, an approval from the Executive

Committee of the Investment Manager is required. This committee

has two Independent Directors as its members and four members

in total. The investment department (comprising of analysts, fund

manager and the Head Equity and Head Fixed Income) submits a

note to the committee for the purpose of this approval. In case of

purchases from secondary market, if the issuer’s any instrument

is/was not in the portfolio, permission from an Internal Investment

Committee (IIC) is sought. The Internal Investment Committee

comprises of the Managing Director and the Head Equity and

Head Fixed Income.

• The reasons for purchase / sale are recorded in the ‘system/deal

ticket’ by the fund manager. For all purchases, we depend upon

the credit rating assigned by external agencies. If this is not

available, the fund manager depends on internal analysis. The

company believes that the important risks of investing in debt arise

from interest-rate forecasts and asset-allocation decisions and not

necessarily from individual-company performance.

• In weekly meetings, the fund manager assesses the performance

of the fund during the previous week and explains the likely

strategy that he or she would adapt for the next week to the Head

Fixed Income. The member of the Internal Investment Committee

who also attends these meetings may also stipulate some

restrictions, or provide guidance at this point. Every quarter, the

fund manager presents a review of all decisions taken, and on

fund performance to the Board of Directors of the Investment

Manager and the Trustee Company.

• In the asset allocation decision, the spread between G-Secs and

corporate bonds are considered to determine relative weights. As

the credit spread increases, the weight of corporate debt may be

raised, and as the spread declines, the weight of government

bonds may be raised. Thus the allocation between corporate

bonds and G-Secs is also a function of relative attractiveness.

Portfolio rebalancingSubject to the Regulations and in accordance with the SEBI Circular

No: Cir/ IMD/ DF/12 /2011 dated August 1, 2011 the asset allocation

pattern indicated above will be maintained, apart from the permitted

changes and exceptions stated herein above. In the event of any

deviations from the floor and ceiling of credit ratings specified for any

instrument, the same shall be rebalanced from the date of the said

deviation as under:


upto 3 months


upto 6 months


Where the portfolio is not rebalanced within the period prescribed in

the table above, justification for the same shall be placed before the

Executive Committee and the Board of Trustees along with reasons

recorded in writing. The Executive committee of the Investment

Manager, having two Independent Directors as its members and four

members in total, shall then decide on the course of action.







Risk ControlAs investing requires disciplined risk management, the Investment

Manager would incorporate adequate safeguards for controlling risks

in the portfolio construction process. The risk control process involves

reducing risks through portfolio diversification. With the aim of

controlling risk, rigorous in depth credit evaluation of the securities

proposed to be invested in will be carried out by the Investment

Manager.

Risk MitigationThe risk of concentration in the portfolio shall be mitigated by having

internal fund management guidelines that provide for single- stock

limits – subject to the SEBI prescribed limit of 10% - and sector

exposure limits. The adherence shall be monitored by the Risk

Management team that reports to the Managing Director / Chief

Executive Officer of the Investment Manager. Deviation,ifany, from the

limit, together with justification by the Fund Manager, will be placed

before Managing Director / Chief Executive Officer for approval.

An independent risk management team is in place to oversee and

monitor portfolio risk on a day-to-day basis. Internal risk control

guidelines are in place and the portfolio contours are tracked on a

daily basis to ensure adherence. Deviation is brought to the notice of

the Managing Director / Chief Executive Officer and the fund manager

for corrective action. Follow up actions are made to ensure that the

deviation is corrected within the time period prescribed in internal risk

control guidelines. Adherence to limits from SEBI Regulations as well

as stipulations in the Scheme Information Document is monitored by

the compliance team.

Committee monitoring risk management: The Board of Sundaram

Asset Management has constituted an internal Investment Committee

and a Credit Committee to monitor risk management. The Committees

will review the risk guidelines with respect to equity and fixed income

funds, check deviations from set limits of investments, set/modify the

limits of counter party exposure, review exceptions and overrides and

suggest improvements to the framework/formats.

The Internal Investment Committee and Credit Committee will

approve the: • Guidelines in the Universe of securities • Global Issuer

limits (including limit per maturity) • Counterparty limits

• Revised existing issuer and counterparty limits

• Limits applicable to each fund such as Credit Diversification ratio,

Duration Limit, WAM Limit, Maximum Maturity Limit, Liquidity Risk

Limits, Valuation Risk Limits, Risk Grade Limits etc.

Risk Guidelines: Sundaram Asset Management has internal

investment norms and risk guidelines for equity and debt investments.

Risk Control: Risk control is customized by for each scheme

according to the level of risk the fund can expose investors to, as

specified in the investment mandate of the Scheme Information

Document.

Portfolio turnoverPortfolio turnover will be a function of market opportunities.

Continuous changes in the market environment expose the fixed-

income instruments to systematic and nonsystematic risks. Based on

market opportunities the fund manager will endeavour to optimise

portfolio turnover and risk-adjusted return, keeping in mind the cost

associated with such portfolio turnover. On account of the multiple

factors that affect portfolio turnover, it is difficult to give an estimate

with any reasonable amount of accuracy.

F. Fundamental Attributes

Following are the Fundamental Attributes of the scheme, in terms of

Regulation 18 (15A) of the SEBI Regulations:

(i) Type of a scheme: close-ended income scheme (Indicated in

Highlights & Scheme Summary and Part II of this document)

(ii) • Investment Objective: To generate income by investing in debt

and money market securities, which mature on or before the

maturity of the scheme. (Indicated in Highlights & Scheme

Summary and Part II of this document)

• Investment pattern - As indicated in this Scheme Information

Document. (Indicated in Highlights & Scheme Summary and Part

II of this document)

(iii) Terms of Issue-Provisions in respect redemption of units, fees

and expenses as indicated in this Scheme Information

Document.

• Liquidity provisions such as listing, repurchase, redemption.

(Indicated in Highlights & Scheme Summary and Part III of

this document).

• Aggregate fees and expenses charged to the scheme.

(Indicated in Highlights & Scheme Summary and Part IV of

this document).

• Any safety net or guarantee. (The Schemes covered in this

document does not offer safety net or guarantee)

In accordance with Regulation 18(15A) of the SEBI Regulations, the

Trustee shall ensure that no change in the fundamental attributes of

the Scheme(s) and the Plan(s) / Option(s), fees & expenses and any

other change which would modify the Scheme(s) and the Plan(s) /

Option(s) and affect the interests of unit holders is carried out unless:

• A written communication about the proposed change is sent to

each unit holder

• An advertisement is given in one English daily newspaper having

nationwide circulation as well as in a newspaper published in the

language of the region where the Head Office of the Mutual Fund

is situated; and

• The unit holders are given an option for a period of 30 days to exit

at the prevailing Net Asset Value without any exit load

G. Benchmark

For schemes with tenure of 92 days and upto 1100 days: CRISILShort Term Bond Fund Index has been constructed specifically for

benchmarking performance of income funds. The index seeks to

track the performance of a debt portfolio that includes government

securities, AAA/AA rated corporate bonds, Commercial Papers and

Certificates of Deposit, etc. in which the scheme having tenure upto

1100 days is expected to invest.

H. Fund Manager

Name Age Educational Type and Nature of Name of theQualification past experience Scheme(s)



including managed assignments held during the past 10 Years

Sandeep Agarwal 30 B.Com, ACA, CS Sundaram Asset Co-fund manager Management Co Ltd. Sundaram FlexibleSep 2012 – till date Fund Flexible Income Fund Manager – Fixed Income PlanOct 2010 – Sep 2012 Sundaram Gilt FundDealer – Fixed Income Sundaram Bond SaverDeutsche Asset Management Sundaram Select DebtIndia Pvt. Ltd. Short-Term Asset PlanApr 2008 – Oct 2010 Sundaram MonthlyManagement Trainee - Fixed Income Income Plan

Sundaram Income Plus Sundaram Fixed Term Plan series.

The Trustee reserves the right to change the fund manager.

I. Investment Restrictions

As per the Trust Deed read with the SEBI (MF) Regulations, the

following investment restrictions apply in respect of the Schemes

at the time of making investments. however, all investments by the

Schemes will be made in accordance with the investment objective,

asset allocation described earlier, and as per SEBI (MF)

Regulations, including schedule VII thereof, as amended from time

to time. SEBI vide notification No. SEBI/LADNRO/ GN/2015-16/034

dated February 12, 2016 pertaining to Securities and

Exchange Board of India (Mutual Funds) (Amendment) Regulations,

2016 and vide circular no SEBI/HO/IMD/DF2/CIR/P/2016/35 dated

February 15, 2016 made amendment in Investment Restrictions.

The modified Investment restrictions as follows:

1 The Scheme shall not invest more than 10% of its NAV in debt

instruments comprising money market instruments and non-

money market instruments issued by a single issuer which are

rated not below investment grade by a credit rating agency

authorised to carry out such activity under the Act. Such

investment limit may be extended to 12% of the NAV of the

scheme with the prior approval of the Board of Trustees and the

Board of directors of the asset management company.

Provided that such limit shall not be applicable for investments

in Government Securities, treasury bills and collateralized

borrowing and lending obligations.

Provided further that investment within such limit can be made

in mortgaged backed securitised debt which are rated not

below investment grade by a credit rating agency registered

with SEBI.

2 A mutual fund Scheme shall not invest more than 10% of its NAV

in un-rated debt instruments issued by a single issuer and the

total investment in such instruments shall not exceed 25% of the

NAV of the Scheme. All such investment shall be made with the

prior approval of the Board of Trustees and the Board of AMC.

3 Transfer of investments from one Scheme to another Scheme,

including this Scheme shall be allowed only if such transfers are

made at the prevailing market price for quoted securities on a

spot basis and the securities so transferred shall be in

conformity with the investment objective of the Scheme to which

such transfer has been made.

4 The Scheme may invest in other Schemes under the same AMC

or any other Mutual Fund without charging any fees, provided

the aggregate inter-Scheme investment made by all the

Schemes under the same management or in Schemes under

management of any other asset management company shall

not exceed 5% of the Net Asset Value of the Fund.

Provided that this clause shall not apply to any fund of funds

scheme

5 The Scheme shall buy and sell securities on the basis of

deliveries and shall in all cases of purchases, take delivery of

relative securities and in all cases of sale, deliver the securities.

The Mutual Fund may enter into derivative transactions in

recognized stock exchange (Indian/Overseas) in accordance

with the guidelines/framework specified by SEBI.

6 The scheme shall get the securities purchased/ transferred in

the name of the Fund on account of the concerned Scheme,

wherever investments are intended to be of a long-term nature.

7 No mutual fund Scheme shall make any investments in;

a any unlisted security of an associate or group company of the

sponsor; or

b any security issued by way of private placement by an

associate or group company of the Sponsor; or

c the listed securities of group companies of the Sponsor which

is in excess of 25% of its net assets.

8 The schemes shall not invest in Fund of funds scheme.

9 No loans for any purpose can be advanced by the Scheme.

10 The Fund shall not borrow except to meet temporary liquidity

needs of the Fund for the purpose of repurchase/ redemption of

units or payment of interest and dividend to the unit holders.

Such borrowings shall not exceed more than 20% of the net

assets of the individual Scheme and the duration of the

borrowing shall not exceed a period of 6 months.

11 The Scheme will comply with provisions specified in SEBI

Circular dated August 18, 2010 relating to overall exposure

limits applicable for derivative transactions as stated below:

i. The cumulative gross exposure through equity, debt and

derivative positions should not exceed 100% of the net assets

of the scheme.

ii. Mutual Funds shall not write options or purchase instruments

with embedded written options.

iii. The total exposure related to option premium paid must not

exceed 20% of the net assets of the scheme.

iv. Cash or cash equivalents with residual maturity of less than 91

days may be treated as not creating any exposure.

v. exposure due to hedging positions may not be included in the

above mentioned limits subject to the following:

a. hedging positions are the derivative positions that reduce

possible losses on an existing position in securities and till the

existing position remains.

b. hedging positions cannot be taken for existing derivative

positions. Exposure due to such positions shall have to be

added and treated under limits mentioned in Point i.

c. Any derivative instrument used to hedge has the same

underlying security as the existing position being hedged.

d. The quantity of underlying associated with the derivative

position taken for hedging purpose does not exceed the

quantity of the existing position against which hedge has been

taken.

vi. Mutual Funds may enter into interest rate swaps for hedging

purposes. The counterparty in such transactions has to be an

entity recognized as a market maker by RBI. Further, the value

of the notional principal in such cases must not exceed the

value of respective existing assets being hedged by the

scheme. Exposure to a single counterparty in such transactions

should not exceed 10% of the net assets of the scheme.

vii. exposure due to derivative positions taken for hedging purposes

in excess of the underlying position against which the hedging

position has been taken, shall be treated under the limits

mentioned in point i.

12 i) The scheme shall not engage in securities lending and short

selling.

ii) The scheme shall not invest in credit default swap.

13 SECTOR EXPOSURES

Total exposure of debt schemes of mutual funds in a particular

sector (excluding investments in Bank CDs, CBLO, G-Secs,

TBills, short term deposits of Scheduled Commercial Banks and

AAA rated securities issued by Public Financial Institutions and

Public Sector Banks) should not exceed 25% of the net assets

of the scheme.

Provided that an additional exposure to financial services sector

(over and above the limit of 25%) not exceeding 15% of the net

assets of the scheme shall be allowed only by way of increase

in exposure to Housing Finance Companies (HFCs);

Provided further that the additional exposure to such securities

issued by HFCs are rated AA and above and these HFCs are

registered with National Housing Bank (NHB) and the total

investment/ exposure in HFCs should not exceed 25% of the

net assets of the scheme.

14 GROUP EXPOSURES

a) Mutual Funds / AMCs shall ensure that total exposure of debt

schemes of mutual funds in a group (excluding investments in

securities issued by Public Sector Units, Public Financial

Institutions and Public Sector Banks) shall not exceed 20% of

the net assets of the scheme. Such investment limit may be

extended to 25% of the net assets of the scheme with the prior

approval of the Board of Trustees.

b) For this purpose, a group means a group as defined under

regulation 2 (mm) of SEBI (Mutual Funds) Regulations, 1996

(Regulations) and shall include an entity, its subsidiaries, fellow

subsidiaries, its holding company and its associates.

15 The Schemes will comply with any other Regulation applicable

to the investments of mutual funds from time to time. Pursuant

to SEBI Circular No: SEBI/HO/IMD/DF2/CIR/P/2016/57 dated

May 31, 2016.

SHORT TERM DEPOSITS:

Pending deployment of funds of the Schemes in terms of the

investment objective of the Schemes, the Mutual Fund may

invest them in short term deposits of scheduled commercial

banks in accordance with applicable SEBI guidelines as stated

below:

a) “Short Term” for parking of funds by Mutual Funds shall be

treated as a period not exceeding 91 days.

b) Such deposits, if made, shall be held in the name of the

scheme.

c) The scheme shall not park more than 15% of its net assets in

short term deposits of all scheduled commercial banks put

together. This limit however may be raised to 20% with prior

approval of the Trustees. Also, parking of funds in short term

deposits of associate and sponsor scheduled commercial

banks together shall not exceed 20% of the total deployment

by the scheme in short term deposits.

d) The scheme shall not park more than 10% of the net assets in

short term deposits with any one scheduled commercial bank

including its subsidiaries.

e) Trustees shall ensure that funds of a particular scheme are not

parked in short term deposit of a bank which has invested in

that scheme.

f) half Yearly portfolio statements shall disclose all funds parked in

short term deposit(s) under a separate heading. Details shall

also include name of the bank, amount of funds parked,

percentage of NAV.

g) Trustees shall, in the half Yearly Trustee Reports certify that

provisions of the Mutual Funds Regulations pertaining to

parking of funds in short term deposits pending deployment are

complied with at all points of time. The AMC(s) shall also certify

the same in its CTR(s).

The Trustee of the Mutual Fund may alter these limitations/objectives

from time to time to the extent the SEBI Regulation change, so as to

permit the Scheme to make its investments in the full spectrum of

permitted investments for the mutual fund in order to achieve its

investment objective. All investments of the Scheme will be made in

accordance with the SEBI Regulation. All the Investment restrictions

will be considered at the point of Investment.

J. Scheme Performance

This is a new scheme and does not have any performance track

record.




Sundaram Fixed Term Plan-IIPart III Units & Offer

New Fund Offer price:This is the price per unit that the investorshave to pay to invest during the NFO.

During the New Fund Offer period, units are offered at Rs.10/- per unit and the entire amount is payable onapplication.

Minimum amount for application inthe NFO

Rs 5,000/- and in multiples of Re 10/- thereafter per application. (applicable for both Regular Plan and DirectPlan)

Minimum Target amountThis is the minimum amount required tooperate the scheme.

The scheme seeks to collect a minimum corpus of Rs 20 crores and there is no limit to the size of the scheme.In accordance with SEBI Regulations, if the scheme fails to collect the minimum subscription as indicatedabove, the fund and the Investment Manager shall be liable to refund the subscription within a period of 5business days from the date of closure of subscription list to the applicants of the scheme. If the fund refundsafter 5 business days, interest @ 15% per annum shall be paid by the Investment Manager.

Maximum amount to be raised (if any)This is the maximum amount which can becollected during the NFO Period

There is no upper limit on the total amount to be collected under the Scheme during the NFO Period.

Plans and Options Plans: Regular and DirectOptions: Growth, Dividend Payout & Dividend Sweep If neither the Plan nor the ARN code is mentioned in the application form, the Default choice shall be Direct Plan. If no optionis indicated, the Default choice will be Growth. All Plans and options available for offer under the scheme will have a commonportfolio.Direct Plan is only for investors who purchase /subscribe Units into the Scheme directly with the Fund and is not availablefor investors who route their investments through a Distributor.All categories of investors (whether existing or new Unitholders) as permitted to invest in this scheme are eligible to subscribeunder Direct Plan. Investments under Direct Plan can be made through various modes offered by the Fund for investingdirectly with the Fund {except Stock Exchange Platform(s) and all other Platform(s) where investors’ applications forsubscription of units are routed through Distributors}.Distribution expenses will not be charged in Direct Plan and no commission for distribution shall be paid from Direct Plan.The Direct Plan will also have a separate NAV.Investors wishing to subscribe under Direct Plan of a Scheme will have to indicate “Direct Plan” against theScheme name in the application form.The following matrix will be applied for processing the applications in the Regular or Direct Sub Plan:Broker Code mentioned by the investor Sub Plan mentioned by by the investor Sub Plan under which units will be allottedNot mentioned Not mentioned DirectNot mentioned Direct DirectNot mentioned Regular DirectMentioned Direct DirectDirect Not Mentioned DirectDirect Regular DirectMentioned Regular RegularMentioned Not Mentioned RegularIn cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall beprocessed under Regular Sub Plan.

This section provides details you need to know for investing in the scheme.

A. New Fund Offer

New Fund Offer period

This is the period during which a new scheme sells its unit to the investor. The New Fund Offer period shall not exceed 15 days. On acceptance

of a valid application for subscription, units will be allotted and a confirmation specifying the number of units allotted by way of email and/or SMS

within 5 Business Days from the date of closure of NFO will be sent to the Unit holder's registered e-mail address and/or mobile number. Subject

to SEBI Regulations, Statement of Accounts will be sent to those unitholders whose registered email address / mobile number is not available

with the Mutual Fund, unless otherwise required. The Scheme shall be available for trading in NSE within five business days of allotment.

The New Fund Offer for Sundaram Fixed Term Plan-II will commence on 22/05/2018 and closes on 23/05/2018.

Maturity Period - Sundaram Fixed Term Plan-II

Sundaram Fixed Term Plan-II of tenure 92 days. Maturity period is reckoned from the date of allotment. If the maturity date is not a working day,

the subsequent working day shall be considered as the maturity day for the scheme.

Extension or termination of NFO period

The Trustee reserves the right to extend the closing date of the New Fund Offer period subject to the condition that the subscription list shall not

be kept open for more than 15 days. A notice will be issued for any such extension. The Trustee also reserves the right to close the subscription

list at an earlier date that indicated by giving a prior notice of at least one day in one daily newspaper.



The Investment Manager shall contact and obtain the correct ARN code within 30 calendar days of the receiptof the application form from the investor/ distributor. In case, the correct code is not received within 30 calendardays, the AMC shall reprocess the transaction under Direct Sub Plan from the date of application without anyexit load.Dividend Pay-out option: Dividend may be declared by the Trustee at its discretion from time to time subjectto the availability of distributable surplus calculated in accordance with the Regulations. There is noassurance/guarantee with respect to the quantum or the frequency or the certainty of dividend distribution.The decision on whether to declare a dividend or not will depend on the performance of the scheme andavailability of distributable surplus. The dividend payout may also vary from time to time. The decision of theTrustee will be final in this regard. Unit holders opting for the Dividend Option will only receive dividend. All unit holders whose names appearin the Register of the Scheme/Statement of beneficial owners maintained by the Depositories in the DividendOption category as on the Record Date will be entitled to the dividend. The dividend payment will be subjectto the distribution tax, if any, payable by the Mutual Fund as per the Income Tax Act or other laws in force. After the record date for distribution of dividend, the NAV per unit may decline to the extent of the payout anddistribution tax, if any. The details of the Record Date for any Dividend that may be declared will be notified through the StockExchange where the Units are listed/ designated investor service centers/ newspapers. Investors may notethat where the Units are held in Demat Form, details of any change in address / bank details are to beprovided to the respective Depository Participant for the purpose of dividend payment.The Investment Manager shall dispatch the dividend cheque/warrant to unit holders within 30 days ofdeclaration of dividend. In case of delay, the AMC shall be liable to pay interest @ 15 per cent per annum tothe unit holders. It may be noted that the Mutual Fund is not guaranteeing or assuring any dividend. Thecheques/warrant will be drawn in the name of the sole/first holder and will be posted/mailed to the addressindicated by the investor in the application form. Investors are required to provide bank account details - thename of the bank, branch and account number - in the application form. Dividend payment may also be doneby Direct Credit subject to availability of necessary facility at each location.Dividend Sweep option: This option will be available only when the dividend amount payable to the investor’saccount on the Record Date in a folio is equal to or more than Rs.500/-. The dividend so payable will beautomatically swept into the Target Scheme (Open ended schemes) on the immediate Business Day, as optedby the unitholder (through the DSO form available in the website www.sundarammutual.com) after the RecordDate at the applicable NAV of the Target Scheme, subject to applicable load and accordingly equivalent unitswill be alloted in the Target Scheme (Open ended schemes), subject to the terms and conditions of the TargetScheme depending upon whether the investment was registered with or without broker code of the chosenscheme at the applicable NAV. The sweep out date shall be the next business day after the dividend recorddate.Growth option: Investors who prefer to accumulate the income and also do not have a need to receive thecash flow to meet specific financial goals can opt for the growth option. The income earned on the units willremain invested in the Scheme and will be reflected in the Net Asset Value. No dividend will be declaredunder this option. If units of this option are held as a capital asset for a period of at least 12 months from thedate of allotment, income from such units will be treated as long-term capital gains for tax purposes.

Dividend policy Dividend may be declared by the Trustee at its discretion subject to the availability of distributable surplus ascalculated in accordance with the Regulations. There is no assurance/guarantee with respect to the quantum or thefrequency or the certainty of dividend distribution. The decision on whether to declare a dividend or not will dependon the performance of the scheme and availability of distributable surplus. The rate of dividend may also vary fromtime to time. The decision of the Trustee will be final in this regard. Dividend will be declared on the face value of Rs10 per unit.Effect of dividend: In the Dividend option, after the record date for distribution of dividend, the NAV per unit maydecline to the extent of the payout and distribution tax, if any. Dividend will be paid within 30 days from date ofdeclaration.In case of delay, the AMC shall be liable to pay interest @ 15 per cent per annum to the unit holders. Itmay be noted that the Mutual Fund is not guaranteeing or assuring any dividend. Post declaration of dividend the NAV of the Units under the in Dividend option will stand reduced by the amount ofdividend declared and applicable dividend distribution tax/surcharge/cess/any other statutory levy.

Know Your Customer (KYC) SEBI has issued detailed guidelines on 18/01/2006 and measures for prevention Money Laundering and hadnotified SEBI (KYC Registration Agency) Regulations, 2011 on December 02, 2011 with a view to bringuniformity in KYC Requirements for the securities market and to develop a mechanism for centralization of theKYC records. SEBI has also issued circulars from time to time on KYC compliance and maintenance ofdocumentation pertaining to unit holders of mutual funds. Accordingly the following procedures shall apply:

• KYC acknowledgement is mandatory for all investors.

• An application without acknowledgement of KYC compliance will be rejected

• New Investors are required to submit a copy of Income Tax PAN card, address proof and other requisitedocuments along with the KYC application form to any of the intermediaries registered with SEBI, includingMutual Funds to complete KYC. The KYC application form is available at www.sundarammutual.com

• The Mutual Fund shall perform initial KYC of its new investors and send the application form along withthe supporting documents to the KYC Registration Agency (KRA).

• During the KYC process, the Mutual Fund will also conduct In Person Verification (IPV) in respect of its newinvestors. Sundaram Asset Management Company Limited and the NISM / AMFI certified distributors whoare KYD compliant are authorized to carry out the IPV for investors in mutual funds. In case of applicationsreceived directly from the investors (i.e. not through the distributors), mutual funds may rely upon the IPVperformed by the scheduled commercial banks.

• The KRA shall send a letter to the investor within 10 working days of the receipt of the KYC documentsfrom Mutual Fund, confirming the details thereof.

• Investors who have obtained the acknowledgement after completing the KYC process can invest inScheme of the Mutual funds by quoting the PAN in the application form.



• Investors are required to complete KYC process only once to enable them to invest in Scheme of all mutualfunds.

• Existing Investors, who have already complied with the KYC requirements, can continue to invest as perthe current practice.

• Investors are requested to contact any of the Investor Service Centres (ISCs) of Sundaram Mutual Fundfor further details.

Pursuant to SEBI circular no. MIRSD/Cir-5/2012 dated April 13, 2012, mutual fund investors who were KYCcompliant on or before December 31, 2011 are required to submit ‘missing/not available’ KYC information andcomplete the ‘In Person Verification’ (IPV) requirements if they wish to invest in a new mutual fund, where theyhave not invested / opened a folio earlier, effective from December 03, 2012: Individual investors have tocomplete the following missing/not available KYC information:

a) Father’s/Spouse Name,

b) Marital Status,

c) In-Person Verification (IPV).

To update the missing information, investors have to use the “KYC Details Change Form” for Individuals Onlyavailable at www.sundarammutual.com or www.amfiindia.com. Section B of the form highlights ‘Mandatoryfields for KYCs done before 1 January 2012’ which has to be completed.

In case of Non Individuals, KYC needs to be done afresh due to significant and major changes in KYCrequirements by using “KYC Application form” available for Non-Individuals only in the websites stated above.

Additional details like Nationality, Gross Annual Income or Net worth as on recent date, Politically ExposedPerson, and Non Individuals providing specific services have to be provided in Additional KYC details formavailable in the website of the Investment Manager.Duly filled forms with IPV can be submitted along with apurchase application, to the new mutual fund where the investor is investing / opening a folio. Alternatively,investors may also approach their existing mutual funds at any investor service centre to update their‘missing/not available’ KYC information.

Additional details like Nationality, Gross Annual Income or Net worth as on recent date, Politically ExposedPerson, and Non Individuals providing specific services have to be provided in Additional KYC details formavailable in the website of the Investment Manager.

Ultimate Beneficial Owner Pursuant to Prevention of Money Laundering Act, 2002 (PMLA) and Rules framed thereunder and SEBI Mastercircular dated December 31, 2010 on Anti Money Laundering (AML), sufficient information to identify personswho beneficially own or control the securities account is required to be obtained. Also, SEBI had vide itscircular no. CIR/MIRSD/2/2013 dated January 24, 2013 prescribed guidelines regarding identification ofUltimate Beneficial Owner(s) (‘UBO’). As per these guidelines UBO means ‘Natural Person’, or persons whoultimately own, control or influence a client and/or persons on whose behalf a transaction is being conducted,and includes a person who exercises ultimate effective control over a legal person or arrangement. Investorsare requested to refer to the ‘Declaration for UBO’ available in the website of the Investment Manager fordetailed guidelines on identification of UBO. The provisions relating to UBO are not applicable where theinvestor or the owner of the controlling interest is a company listed on a stock exchange, or is a majority ownedsubsidiary of such a company.

Central KYCCentral KYC Registry is a centralized repository of KYC records of customers in the financial sector with uniformKYC norms and inter-usability of the KYC records across the sector with an objective to reduce the burden ofproducing KYC documents and getting those verified every time when the customer creates a new relationshipwith a financial entity. KYC means the due diligence procedure prescribed by the Regulator for identifyingand verifying the proof of address, proof of identity and compliance with rules regulations, guidelines andcirculars issued by the Regulators or Statutory Authorities under the Prevention of Money Laundering Act,2002.

The Central Govt. vide notification dt. Nov, 26, 2015 has authorised Central Registry of Securitisation AssetReconstruction and Security Interest of India (CERSAI) to act as and to perform the functions of the CKYCRegistry including receiving, storing, safeguarding and retrieving the KYC records in digital form of a Client.A 14 digit CKYC identification Number (KIN) would be issued as identifier of each client.

As per PMLA (Maintenance of Records) Amendment rules, 2015, Rule 9(IA), every reporting entity shall withinthree days after the commencement of an account based relationship with an individual, file the electronic copyof the client’s KYC records with the Central KYC Registry. Institutions need to upload the common KYCtemplate along with the scanned copy of the certified supporting documents (PoI/PoA), cropped signature andphotograph. SEBI vide its circular dated November 10, 2016 has advised all mutual funds to upload the KYCrecords of all existing customers into the CKYC database.

Since the records are stored digitally, it helps intuitions de-duplicate data so that they don’t need to do KYCof customers multiple times. It helps institutions find out if the client is KYC compliant based on Aadhaar, PANand other identity proofs. If the KYC details are updated on this platform by one entity, all other institutions geta real time update. Thus, the platform helps firms cut down costs substantially by avoiding multiplicity ofregistration and data upkeep.

Please note that PAN is mandatory for investing in MF’s (Except Micro KYC and other exempted scenarios).If CKYC is done without submission of PAN, then he/she will have to submit a duly self-certified copy of thePAN card alongwith KIN.

First time investing Financial Sector (New investor) New to KRA-KYC: while on boarding investors who are newto the MF & do not have KYC registered as per existing KRA norms, such investors should fill up CKYC form(attached). This new KYC form is in line with CKYC form guidelines and requirements and would help tocapture all information needed for CKYC as well mandatory requirements for MF. Investors should submit theduly filled form along with supporting documents, particularly, self-certified copy of the PAN Card as amandatory identity proof. If prospective investor submits old KRA KYC form, which does not have allinformation needed for registration with CKYC, such customer should either submit the information in thesupplementary CKYC form or fill the CKYC form.

Investors who have obtained the KIN through any other financial intermediary, shall provide the 14 digit numberfor validation and updating the KYC record.

IMPORTANT: AMFI has mandated within the Best Practices Circular that the new Process needs to beimplemented by all Mutual Funds w.e.f 1st February 2017.

Who can invest

This is an indicative list and you arerequested to consult your financial advisorto ascertain whether the scheme is suitableto your risk profile.

This is an indicative list and investors are requested to consult a financial/investment/tax/legal advisor to

ascertain whether the scheme is suitable to risk profile of the investor. Investors need to comply with KYC/PAN

verification norms, as elaborated in Statement of Additional Information.

The following persons, subject to subscription to units of mutual funds being permitted under respective

constitution and relevant statutory regulations, are eligible and may apply for subscription to the units of the

Scheme:

1 Resident adult individuals either singly or jointly (not exceeding three)

2 Minors through parents/ lawful guardians

3 Companies/Bodies Corporate/Public Sector Undertakings registered in India

4 Religious and Charitable Trusts under the provisions of 11(5)(xii) of Income Tax Act 1961 read with Rule

17C of Income Tax Rules, 1962.

5 Wakf Boards or endowments and Registered societies (including registered co operative societies) and

private trusts, authorised to invest in units.

6 Partnership firm/Limited Liability Partnership

7 Trustee of private trusts authorised to invest in mutual fund Schemes under the Trust Deed

8 Karta of Hindu Undivided Family (HUF)

9 Banks, including Co-operative Banks and Regional Rural Banks, and Financial Institutions

10 Non-Resident Indian (NRI) and Persons of India Origin on full repatriation basis subject to RBI approval, if

any

11 A mutual fund subject to SEBI regulations

12 Foreign Institutional Investors (FIIs) registered with SEBI and sub-accounts of FIIs on full repatriation basis

subject to RBI approval, if any

13 An association of persons or a body of individuals and Societies registered under the Societies Registration

Act, 1860

14 Army/Air Force/Navy/Para-Military Funds and other eligible institutions

15 Non-Government Provident/Pension/Gratuity and such other funds as and when permitted to invest

16 Scientific and/or industrial research organizations authorised to invest in mutual fund units

17 International Multilateral Agencies approved by the Government of India

18 Non-Government Provident/Pension/Gratuity funds as and when permitted to invest

19 A scheme of the Sundaram Mutual Fund, subject to the conditions and limits prescribed by SEBI, Trustee,

the Investment Manager and the Sponsor. The Investment Manager shall not charge any fees on such

investments.

20 Other associations and institutions authorised to invest in mutual fund units.

21 Any individual, being a foreign national who meets the residency tests as laid down in Foreign Exchange

Management Act, 1999 or such other act / guidelines / regulations as issued by the RBI / SEBI from time to

time.

22 Qualified Foreign Investors (QFI) as may be permitted by SEBI from time to time

23 Any other category of persons who are permitted to invest in the Schemes of Mutual Fund

24. Foreign Portfolio Investor registered under SEBI (Foreign Portfolio Investor) Regulations, 2014

Sundaram Asset Management Company Limited ("Investment Manager") may invest in this Scheme depending

upon its cash flows and investment opportunities. In such an event, the Investment Manager will not charge

management fees on its investment for the period it is retained in the Scheme. Such investment shall not exceed

25% of the net assets of the Scheme on the date of investment

The Trustee/Mutual Fund reserves the right to include/exclude a category of investors, subject to SEBIRegulations and other prevailing statutory regulations, if any.• It is expressly understood that the investor has the necessary legal authority and has complied with applicable

internal procedures for subscribing to the units. The Investment Manager/Trustee will not be responsible in

case any transaction made by an investor is ultra vires the relevant constitution/internal procedures.

• Non-Resident Indians, Persons of Indian Origin residing abroad and Foreign Institutional Investors (Flls) have

been granted a general permission by the Reserve Bank of India [Schedule 5 to the Foreign Exchange

Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000] for

investing in/redeeming units of mutual funds subject to conditions set out in the aforesaid regulations.

• In the case of an application under a power of attorney or by a limited company, other corporate body, an

eligible institution, a registered society, a trust fund, the original power of attorney or a certified true copy duly

notarised or the relevant resolution or authority to make the application, as the case may be, or a duly

notarized copy along with a certified copy of the memorandum and articles of association and/or bye-laws

and/or trust deed and/or partnership deed and certificate of registration should be submitted. The officials

should sign the application under their official designation. A list of duly certified/attested specimen signatures

of the authorized officials should also be attached to the application. In case of a trust/fund, it shall submit a

resolution from trustee(s) authorising the purchase.

• The Investment Manager/Trustee/Registrar may need to obtain documents for verification of identity or such

other details relating to a subscription for units as may be required under any applicable law, which may

result in delay in processing the application. It is mandatory for every applicant to provide the name of the

bank, branch, address, account type and number as per SEBI requirement. Any Application Form without

these details will be treated as incomplete. Such incomplete applications will be rejected. The

Registrar/Investment Manager may ask the investor to provide a blank cancelled cheque or its photocopy for

the purpose of verifying the bank account number

Small investors, who may not be tax payers and may not have PAN/bank accounts, such as farmers, small

traders/businessmen/workers can invest in the scheme through the mode of cash payment for fresh





purchases/additional purchases upto Rs.50,000/- per investor, per mutual fund, per financial year subject to:

(i) Compliance with Prevention of Money Laundering Act, 2002 and Rules framed there under;

(ii) SEBI Circular(s) on Anti Money Laundering (AML) and other applicable AML rules, regulations and

guidelines; and

(ii) Sufficient systems and procedures put in place by the AMC / Mutual Fund

However, payment to such investors towards redemptions, dividend, etc. with respect to aforementioned

investments shall be paid only through banking channel.

Sundaram Mutual Fund / Investment Manager shall set up appropriate systems and procedures for the said

purpose.

Who cannot invest 1. Persons residing in countries which require licensing or registration of Indian Mutual Fund products before

selling the same in its jurisdiction.

2. Citizens of Canada

3. Persons residing in any Financial Action Task Force (FATF) declared non-compliant country or territory.

4. Overseas Corporate Bodies as specified by RBI in its A.P. (DIR Series) Circular No. 14 dated September 16, 2003,

5. Such other persons as may be specified by AMC from time to time.

Terms and Conditions relating totransaction charges (applicable forboth existing and new investors tothe scheme of Sundaram Mutual)pursuant to SEBI circular No. Cir/IMD/ DF/13/ 2011 dated August 22,2011:

1 The Distributor would be allowed to charge the Mutual Fund Investor a Transaction Charge wherethe amount of investment is Rs. 10,000/-and above on a per subscription basis

2 For an investor other than First Time Mutual Fund Investor, the Transaction Charge allowed will beRs. 100/- per subscription of Rs. 10,000/- and above

For a First Time Mutual Fund Investor, the Transaction Charge allowed will be Rs. 150/- persubscription of Rs. 10,000/- and above

3 The Transaction Charge, where applicable based on the above criteria, will be deducted by theInvestment Manager from the subscription amount remitted by the Investor and paid to thedistributor; and the balance (net) amount will be invested in the scheme. Thus units will be allottedagainst the net investment.

4 No Transaction charges shall be levied:

a) Where the distributor/agent of the investor has not opted to received any Transaction Charges;

b) Where the investor purchases the Units directly from the Mutual Fund;

c) Where total commitment in case of SIP / Purchases / Subscriptions is for an amount less than Rs.10,000/-;

d) On transactions other than purchases / subscriptions relating to new inflows.

Switches / Systematic Transfers / Allotment of Bonus Units / Dividend reinvestment Units /Transfer / Transmission of units, etc will not be considered as subscription for the purpose oflevying the transaction charge.

e) Purchases / subscriptions carried out through stock exchange(s).

The distributors can opt-in / opt-out of levying transaction charges based on ‘type of theProduct/Scheme’ instead of ‘for all Schemes’. Accordingly, the transaction charges would be deductedfrom the subscription amounts, as applicable. However, the distributor shall not be able to opt-in or opt-out at the investorlevel i.e. a distributor shall not charge one investor and choose not to charge anotherinvestor. The transaction charges are in addition to the existing system of commission permissible tothe Distributors. On subscription through Distributors, the upfront commission if any will be paid directlyby the Investors to the Distributor by a separate cheque based on their assessment of various factorsincluding the service rendered by the Distributor.

Any circular/clarification issued by SEBI in this regard will automatically become applicable and will be

incorporated in the SID/SAI/KIM wherever applicable.

How to apply Please refer to the Statement of Additional Information (www.sundarammutual.com) and Application form for

instructions.

Where can you submit the filled upapplications.

Applications can be submitted at Investor Service Centres of Sundaram Asset Management Company Ltd,

Details of which are furnished on back cover page of this document.

Registrar & Transfer Agent Sundaram BNP Paribas Fund Services Limited,

Registrar and Transfer Agents, SEBI Registration No. INR 000004066,

Unit: Sundaram Mutual Fund, 23, Cathedral Garden Road . Contact Number: 1860 425 7237

Website address: www.sundarambnpparibasfs.in



Additional Mode of Payment duringNFO:

Investors may apply for the FTPs under the Scheme through Applications Supported By Blocked Amount

(ASBA) process during the NFO period by filling in the ASBA form and submitting the same to their respective

banks, which in turn will block the subscription amount in the said account as per the authority contained in

ASBA form, and undertake other tasks as per the procedure specified therein. For applicants applying through

ASBA, on allotment, the amount will be unblocked in their respective bank accounts and account will be

debited only to the extent required to pay for allotment of Units applied in the application form. For complete

details and ASBA process refer to Statement of Additional Information (SAI) available on our website

www.sundarammutual.com

Allotment Subject to the receipt of the minimum subscription amount, the Trustee will allot units in the Scheme within 5business days from the date of closure of the new fund offer period. Allotment is assured to eligible applicantsas long as applications are complete in every respect and in order. The Trustee may reject any applicationthat is not valid and/or complete. The Trustee reserves the right to recover from an investor any loss causedto the Scheme on account of dishonour of cheques issued for purchase of units.Applicants under the Scheme will have an option to hold the Units either in physical form (i.e. non–transferableAccount Statement) or in dematerialized form.On acceptance of a valid application for subscription, units will be allotted and a confirmation specifying thenumber of units allotted by way of email and/or SMS within 5 Business Days from the date of closure of NFOwill be sent to the Unit holder's registered e-mail address and/or mobile number. Subject to SEBI Regulations,Statement of Accounts will be sent to those unitholders whose registered email address / mobile number isnot available with the Mutual Fund, unless otherwise required. Money would be refunded in respect ofapplications rejected, within five business days from the closure of the NFO period

Allotment Advice (for demat holders) An allotment advice will be sent upon allotment of Units stating the number of Units allotted to each of the unitholder(s) who have opted for allotment in dematerialized mode within 5 business days from the date of closureof the New Fund Offer Period. The Units allotted will be credited to the DP account of the unit holder as perthe details provided in the application form. If no details of the Demat Account are given or if such details areincomplete or incorrect, Account Statement will be issued. It may be noted that trading and settlement in theUnits of respective Plan(s) over the stock exchange(s) the Units of the scheme are listed will be permitted onlyin electronic form. On acceptance of a valid application for subscription, units will be allotted and a confirmation specifying thenumber of units allotted by way of email and/or SMS within 5 Business Days from the date of closure of NFOwill be sent to the Unit holder's registered e-mail address and/or mobile number. Subject to SEBI Regulations,Statement of Accounts will be sent to those unitholders whose registered email address / mobile number isnot available with the Mutual Fund, unless otherwise required. Money would be refunded in respect ofapplications rejected, within five business days from the closure of the NFO period.

Dematerialisation If any investor, who holds the units in physical from, wishes to convert the same to demat form, he shall do soin accordance with the provisions of SEBI (depositories and participants). Regulations, 1996 and procedurelaid down by NSDL or CDSL, which may be ammended time to time.

Rematerialisation If the applicant desires to hold the unit certificate and physical form, the Investment Manager shall issue Unitcertificates to the applicant within 5 business days of the receipt of request for the certificate. Unit certificateif issued must be duly discharged by the unit holder(s) and surrendered alongwith the request for Redemption/ Switch or any other transaction of Units covered therein. Rematerialization of Units will be in accordance withthe provisions of SEBI (Depositories & Participants) Regulations, 1996 as may be amended from time to time.All Units will rank pari passu, among Units within the same Option in the Scheme concerned as to assets,earnings and the receipt of dividend distributions, if any, as may be declared by the Trustee.

Refund Refund of subscription money to applicants whose applications are invalid for any reason whatsoever, will bewithout incurring any liability whatsoever for interest or other sum.The entire amount shall be refunded within 5 business days from the closure of the New Fund Offer Period.If, the Fund refunds the amount after 5 business days, interest @15% per annum for delayed period shall bepaid by the Investment Manager. Refund orders will be marked “A/c. Payee Only” and drawn in the name ofthe first applicantor credited to the Bank Account of the first applicant.

Listing (fundamental attribute) The Mutual Fund/Investment Manager will list the units of the schemes on the capital market segment of NSEwithin five business days of allotment. NSE has given its in – principle approval for listing the units of thescheme on its exchange vide its letter No: NSE/LIST/33182 dated on January 11, 2018. At the discretion ofthe Trustee, the units may be listed in other Stock Exchanges also.

Provisions with respect to listing ofthe scheme

Mode of allotment Allotment: Applicants under the Scheme will have an option to hold the Units eitherin physical form (i.e. account statement) or in dematerialized form.

While allotting units in case of subscription to the scheme through switches fromother schemes,

a. Additional units shall be allotted to the investors for the fractional value greaterthan 0.5 units so that the total units are rounded off to a full unit. The amountequivalent to conversion of fractional unit to full unit shall be debited to unitpremium reserve account.

b. For the fractional value upto 0.5 units, no additional units would be allotted.The value of those units shall be credited as unit premium reserve for thebenefit of the investors.



c. The overall cost, if any, arising out of the process shall be absorbed by

Sundaram Asset Management Company Limited

Dematerialization: The Applicants intending to hold the Units in dematerialized

mode will be required to have a beneficiary account with a Depository Participant

of the NSDL/CDSL and will be required to mention in the application form DP's

Name, DP ID No. and Beneficiary Account No. with the DP at the time of

purchasing Units during the NFO of the respective Option(s).

Rounding of Units Stock exchanges may not allow trading of fractional units. Hence units will be

allotted only in integers by rounding off the units allotted to the lower integer and

the balance amount will be refunded to the investor.

Transaction Cost Though, there will be no entry / exit load for buying / selling the units from / to the

secondary market, the investors will have to bear the other costs related to

transacting in the secondary market e.g. Brokerage, GST etc.

Book Closure If any dividend is declared by the scheme (under the dividend option) then there

shall be a book-closure for the scheme to identify the eligible investors to receive

the dividend amount and in such case there will be no trading of the units of the

scheme on the stock exchange during the book-closure period. Such book -

closure, if any, shall be in line with the listing agreement of the stock exchange.

De-listing of the scheme The Scheme will mature on expiry of tenure. The Investment Manager/ Trustee will

initiate the delisting procedure at least 30 days prior to the date of maturity of the

scheme. The unitholders will not able to trade in stock exchange once the

schemes are delisted.

Special products / facilities availableduring the NFO

• Investors may apply for the Units of the FTPs through Applications Supported by Blocked Amount (ASBA)process by filling in the ASBA form and submitting the same to their respective banks.

• DD charges shall be borne by Investment Manager as per prevailing SBI charges provided there is nooffice of the Investment Manager/Collecting centers in that place

• Switch from any existing schemes of Sundaram Mutual into the Units of the Scheme during the NFO Periodcan be done during the NFO Period. For details the Investor Service Centres can be contacted.

• An investor may purchase the units in different options available for subscription under Regular Plan of theScheme through NSE MFSS & BSE StAR Platform (Stock Exchange infrastructure) only during the NFOperiod. Switching of Units is not permitted under this facility. Investors may hold the Units in physical ordematerialized form. MFSS and StAR are electronic platforms introduced by NSE and BSE respectivelyfor transacting in units of Mutual Funds. The electronic platforms will be available on all business days ofthe Capital Market segment. The platforms will be available for Participants between 9 a.m. until 3 p.m.The eligible AMFI certified stock exchange brokers will be considered as Official Points of Acceptance(OPA) of Sundaram Mutual Fund. Investors are requested to note that the facility for transacting in mutualfund schemes through stock exchange infrastructure is available subject to such limits, operatingguidelines, terms and conditions as may be prescribed by the respective stock exchange(s) andguidelines issued by SEBI from time to time. The Trustees of Sundaram Mutual reserves the right tochange/modify the features of this facility at a later date.

The policy regarding reissue ofredeemed units, including themaximum extent, the manner ofreissue, the entity (the scheme or theAMC) involved in the same.

Not Applicable

Suspension of Sale / Redemption ofUnits

Trading in the Units may be temporarily suspended, on the stock exchange(s) on which the Units of the

scheme are Listed, under the following conditions:

• During the period of Book Closure. • During the period from the date of issue of the notice for fixing the

record date for determining the unit holders whose name(s) appear on the list of beneficial owners as per the

Depositories (NSDL/CDSL) records for the purpose of redemption of Units on Maturity / Final Redemption

date. • In the event of any unforeseen situation that affects the normal functioning of the stock exchange(s).

• If so directed by SEBI.

The above list is not exhaustive and may also include other factors.



Ongoing offer period Being a close-ended Scheme, investors can subscribe to the Units of the Scheme during the New Fund OfferPeriod only and the scheme will not reopen for subscriptions after the closure of NFO.However, After the closure of the NFO, Investors can buy the units of the scheme in dematerialized form from therecognised Stock Exchange in India i.e. NSE where the units of the scheme are proposed to be listed. To provide liquidity to the investors, the Fund proposes to list the scheme on NSE. The investors may transfer / sellthe units on the Stock Exchange at prevailing market prices. NSE has given its in – principle approval for listingthe units of the scheme on its exchange vide its letter No: NSE/LIST/33182 dated on January 11, 2018.

Ongoing price for subscriptionThis is the price you need to pay forpurchase/switch-in.

Units cannot be subscribed after the closure of NFO. However, after the closure of the NFO, Investors canbuy the units of the scheme in dematerialized form from the recognised Stock Exchange in India i.e. NSEwhere the units of the scheme are proposed to be listed. NSE has given its in – principle approval for listingthe units of the scheme on its exchange vide its letter No: NSE/LIST/33182 dated on January 11, 2018.

Ongoing price for redemption

This is the price you will receive forredemptions/switch outs.

Since the scheme is proposed to be listed on the exchange, the fund will not accept any redemption /repurchase and switch-out application till the maturity of the scheme. However, Investors can sell the units ofthe scheme on the recognised Stock Exchange in India i.e. NSE where the units of the scheme are proposedto be listed at available market price. NSE has given its in – principle approval for listing the units of the schemeon its exchange vide its letter No: NSE/LIST/33182 dated on January 11, 2018.

Cut off timingThis is the time before which your application(complete in all respects) should reach theofficial points of acceptance.

Not Applicable

Where can the applications forpurchase / redemption switches besubmitted?

Ongoing purchases will not be allowed as this scheme is close-ended. However, after the closure of the NFO,Investors can buy the units of the scheme in dematerialized form from the recognised Stock Exchange in Indiai.e. NSE where the units of the scheme are proposed to be listed.To provide liquidity to the investors, the Fund proposes to list the scheme on NSE. The investors may transfer /sell the units held in Demat Form on the Stock Exchange at prevailing market prices.

Minimum amount for redemption/switches Not Applicable

Minimum balance to be maintained Not Applicable

Special facilities/products available • Pledge of Units for Loans: Units can be pledged by the unit holders as security for raising loans subject toany rules/restrictions that the Trustee may prescribe from time to time. The Registrar will take note of suchpledge/charge in his records. A standard form for this purpose is available on request.

• In the case of Units held in Demat Form, the procedures/Rules of the Depository Participant will beapplicable.

Account statement Consolidated Account Statement: (1) A consolidated account statement (CAS)^ for each calendar month to the Unit holder(s) in whose folio(s)

transaction**(s) has/have taken place during the month shall be sent on or before 10th of the succeeding monthby mail/e-mail. ^Consolidated Account Statement (CAS) shall contain details relating to all the transactions** carried out bythe investor across all schemes of all mutual funds during the month and holding at the end of the monthincluding transaction charges paid to the distributor, if any. **The word ‘transaction’ shall include purchase, redemption, switch, dividend payout, dividend reinvestment,systematic investment plan, systematic withdrawal plan, systematic transfer plan and bonus transactions.

(2) In case of a specific request received from the Unit holders, the AMC/Mutual Fund will provide the accountstatement to the investors within 5 Business Days from the receipt of such request.

(3) In case the mutual fund folio has more than one registered holder, the first named Unit holder shall receive theCAS/account statement.

(4) For the purpose of sending CAS, common investors across mutual funds shall be identified by their PermanentAccount Number (PAN).

(5) The CAS shall not be received by the Unit holders for the folio(s) not updated with PAN details. The Unit holdersare therefore requested to ensure that the folio(s) are updated with their PAN.

(6) Further, the CAS detailing holding across all schemes of all mutual funds at the end of every six months (i.e.September/ March), shall be sent by mail/e-mail on or before 10th day of succeeding month, to all such Unitholders in whose folios no transaction has taken place during that period. The half yearly CAS will be sent bye-mail to the Unit holders whose e-mail address is available, unless a specific request is made to receive inphysical. Such Consolidated Account Statement shall reflect the latest closing balance and value of the Unitsprior to the date of generation of the account statement.

(7) The statement of holding of the beneficiary account holder for units held in DEMAT will be sent by the respectiveDPs periodically.

8) Pursuant to SEBI circular CIR/MRD/DP/31/2014 dated November 12, 2014, investors having Mutual Fundinvestments and holding securities in Demat account shall receive a single Consolidated Account Statement(CAS) from the Depository. Consolidation of account statement shall be done on the basis of Permanent AccountNumber (PAN). In case of multiple holding, it shall be PAN of the first holder and pattern of holding. The CASshall be generated on a monthly basis. If there is any transaction in any of the Demat accounts of the investoror in any of his mutual fund folios, depositories shall send the CAS within ten days from the month end. In case,there is no transaction in any of the mutual fund folios and demat accounts then CAS with holding details shallbe sent to the investor on half yearly basis.

9) Pursuant to SEBI circular SEBI/HO/IMD/DF2/CIR/P/2016/89 dated September 20, 2016, the following pointshave been incorporated to increase the transperancy of information to the investors.A Each CAS issued to the investors shall also provide the total purchase value / cost of investment in each

scheme.

B. Ongoing Offer Details



B Further, CAS issued for the half-year (ended September/ March) shall also provide:

(i) The amount of actual commission paid by AMCs/Mutual Funds (MFs) to distributors (in absolute

terms) during the half-year period against the concerned investor’s total investments in each MF

scheme. The term ‘commission’ here refers to all direct monetary payments and other payments

made in the form of gifts / rewards, trips, event sponsorships etc. by AMCs/MFs to distributors.

Further, a mention may be made in such CAS indicating that the commission disclosed is gross

commission and does not exclude costs incurred by distributors such as GST (wherever

applicable, as per existing rates), operating expenses, etc.

(ii) The scheme’s average Total Expense Ratio (in percentage terms) for the half-year period for each

scheme’s applicable plan (regular or direct or both) where the concerned investor has actually

invested in.

C. Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do not have any

holdings in MF schemes and where no commission against their investment has been paid to distributors,

during the concerned half-year period.

Any circular/clarification issued by SEBI in this regard will automatically become applicable and shall be incorporated

in the SID/SAI/KIM wherever applicable.

Dividend The dividend warrant/cheque shall be dispatched to the unit holders within 30 days of the date of declarationof the dividend. In case of delay, the AMC shall be liable to pay interest @ 15 per cent per annum to the unitholders. It may be noted that the Mutual Fund is not guaranteeing or assuring any dividend.

Redemption On the Maturity Date the Units of the Scheme will be fully redeemed/switched out at the Applicable NAV. (If thematurity date is not a Business Day, the subsequent Business Day shall be considered as the maturity datefor the Scheme).

Unclaimed Redemption Amounts Unclaimed redemption and dividend amounts may be deployed by Mutual Funds in Call Money Market orMoney Market instruments, as may be permitted by RBI from time to time. Investors claiming these amountswithin three years from the due date shall be paid at the prevailing NAV. At the end of three years, the amountcan be transferred to a pool account and investors can claim the amount at the NAV prevailing at the end ofthe third year. Income earned on such funds can be used for the purpose of investor education. TheInvestment Manager shall make a continuous effort to remind the investors through letters to take theirunclaimed amounts. The investment management and advisory fee charged by the Investment Manager formanaging unclaimed amounts shall not exceed 50 basis points.

Process for claiming the unclaimed redemption / dividend amounts by investors The investor can claimthe unclaimed amount in the following ways:

(a) The investor can submit a redemption request to redeem the units from the unclaimed Plan; or (b) Submitthe duly filled unclaimed redemption or dividend claim form and comply with stated requirements therein. Incase of any change in bank mandate registered in the folio, the investor has to submit any one of the followingdocuments of the new bank account along with the request: (1) Cancelled cheque of new bank account, or(2) Certified copy of bank statement (3) Certified copy of pass book. The AMC reserves the right to seekfurther documentations to satisfy itself about the rightful owner of unclaimed amount.

Delay in payment of Dividend / redemption / repurchase proceeds

The redemption proceeds will be dispatched to the Unitholders within 10 Business days from the date ofmaturity. The dividend proceeds, if declared, will be dispatched to the unit holders within 30 days of thedeclaration of the dividend. For any delay in this regard the Investment Manager will be liable to pay interest@ 15% p.a. (or such other rate as may be prescribed by SEBI). However the Investment Manager will not beliable to pay any interest or other compensation if the delay in processing the redemption application/DividendPayment /Refund is attributable to the Unit holder (e.g. any incorrect /incomplete information or non-furnishingof details required under applicable laws etc). The Investment Manager will not be responsible for any lossarising out of fraudulent encashment of cheques and/or any delay/ loss in transit. Further, the dispatch throughthe courier / Post office (who will be treated as the Investor’s agent) to the Registered address (as given bythe Investor) shall be treated as delivery to the investor. The Investment Manager / Registrar will not beresponsible for any delayed delivery or non-delivery or any consequences thereof, if the dispatch has beenmade correctly as stated above.

Bank account details As per the directives issued by SEBI, it shall be mandatory for the Unitholders to mention their bank accountnumbers in their applications. Unitholders are requested to give the full particulars of their Bank Account i.e.nature and number of account, name, Nine digit MICR code No. (For Electronic Credit Facility), IFSC codefor NEFT a 11 digit number, branch address of the bank at the appropriate space in the application form.Proceeds of any redemption will be sent only to a bank account that is registered and validated in the Investor’sfolio at the time of redemption transaction processing.With a view to monitor, as part of Standard KYC Norms, that third party payment Instruments are not beaccepted for subscription, the Mutual Funds will be providing a facility for investors to do a one-timeregistration of all their bank accounts where they are one of the holders and from where they expect to makea payment for mutual fund subscription. For further details please refer to the instructions in the ApplicationForms/SAI and the Website of the Mutual Fund.



Registration of Bank Account The Unitholders may choose to receive the redemption/dividend proceeds in any of the bank accounts, thedetails of which are registered with the AMC by specifying the necessary details in the "Bank AccountsRegistration form" which will be available at our office/Sundaram BNP Paribas Fund Services Ltd and on thewebsite of www. Sundarammutual.com. Individuals, HUFs, Sole proprietor firms can register up to five bankaccounts and other investors can register up to ten bank accounts in a folio. The unitholder can choose anyoneof the registered bank accounts as default bank account. In case the investor fails to mention any preference,then by default the first number indicated in the list shall be the preferred account number. If unit holder(s) provide a new unregistered bank mandate/ a change of bank mandate request with a specificredemption proceeds such bank account may not be considered for payment of redemption proceeds, or theFund may withheld the payment for up to 10 calendar days to ensure validation of new bank mandatementioned. Valid change of bank mandate requests with supporting documents will be processed within tenbusiness days of necessary documents reaching the head office of the RTA and any financial transactionrequest received in the interim will be carried based on previous details only.For more details please refer our websites www.sundarammutual.com. For any queries and clarifications thatyou may have, please get in touch with us at our office or call 1860 425 7237.

Non Acceptance of Third Applications accompanied by a Third Part Instrument will be rejected. Applications accompanied by pre-funded

Party Instruments instruments (such as demand drafts, pay order etc.) will also be rejected unless accompanied by a banker'scertificate evidencing the source of the funds. In case such pre-funded instruments are purchases throughCASH for value of Rs 50000/- and above the same shall also be rejected irrespective of being supported withbanker's certificate.Following are the exceptional situations when Third-Party Payments can be made with relevant declaration andKYC/PAN of such Third Party:(i) Payment made by parents/grand-parents/related persons on behalf of a minor in consideration of natural

love and affection or as gift for a value not exceeding Rs.50,000/-(for each regular purchase or per SIPinstallment);

(ii) Payment made by an employer on behalf of its employee(s) under Systematic Investment Plans throughpayroll deductions;

(iii) Custodian on behalf of an FII or a client. The above list is not a complete list and is only indicative in nature and not exhaustive. Any other method ofpayment, as introduced by the Fund will also be covered under these provisions. The AMC may also requestfor additional documentation as may be required in this regard from the investor/person making the payment.when payment is made through pre-funded instruments (such as Pay Order, Demand Draft, Banker's cheque,etc)., a certificate from the issuing banker must accompany the application stating the account holder's nameand the account number which has been debited for the issue of the instrument. If payment is made by RTGS,NEFT, ECS, bank transfer, etc., a copy of the instruction to the bank stating the account number debited mustaccompany the application. The AMC may, at its discretion, reject any application which is incomplete or notaccompanied with valid documents."



Net Asset Value

This is the value per unit of the scheme on aparticular day. An investor can ascertain the valueof his holdings by multiplying the units owned withthe NAV.

The Investment Manager will calculate and disclose the first NAV of the scheme within 5 business days from the date ofallotment. Thereafter, NAV will be determined on every working day, except in special circumstances, and shall be publishedin at least two daily newspapers having circulation all over India NAV will also be updated on www.sundarammutual.com.The Investment Manager shall also seek to update the NAV on the website of Association of Mutual Funds of Indiawww.amfiindia.com before 9.00 P.M on every working day. In case of any delay, the reasons for such delay would beexplained to AMFI by the next day. If the NAV is not available before commencement of working hours on the following daydue to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able topublish the NAV.

Half yearly Disclosures: Portfolio / FinancialResults

This is a list of securities where the corpus of thescheme is currently invested. The market value ofthese investments is alsostated in portfolio disclosures.

The Investment Manager shall publish the portfolio of the scheme as of March 31 and September 30 of every year beforethe expiry of one month from the close of each half year. The portfolio shall be published in the SEBI-prescribed format inone national English daily newspaper and in a newspaper in the language of the region where the Head Office of the MutualFund is situated. The Investment Manager shall disclose the portfolio (along with ISIN) as on the last day of the month for allthe schemes in its website www.sundarammutual.com on or before the tenth day of the succeeding month in a user-friendlyand downloadable format, preferably a spreadsheet.

Half Yearly Results Sundaram Mutual fund shall make half yearly disclosures of unaudited financial results on its website www.sundarammutual.com inthe prescribed format within one month from the close of each half year, i.e. on 31st March and on 30th September. The half-yearlyunaudited financial results shall contain details as specified in Twelfth Schedule and such other details as are necessary for thepurpose of providing a true and fair view of the operations of the mutual fund. In addition, Sundaram Mutual Fund shall publish anadvertisement disclosing the hosting of such financial results in its website, in atleast one English daily newspaper having nationwidecirculation and in a newspaper having wide circulation published in the language of the region where the Head Office of Sundarammutual fund is situated.

Annual Report Pursuant to Regulation 56 of SEBI (Mutual Funds) Regulations, 1996 read with SEBI circular No. Cir/ IMD/ DF/16/ 2011 datedSeptember 8, 2011, the Scheme-wise annual report or an abridged summary thereof shall be sent by AMC/Mutual Fund withinfour months from the date of closure of relevant accounting year as under: (i) Only by e-mail to the Unit holders whose e-mail address is available with the Fund, (ii) in physical form to the Unit holders whose email address is not available with the Fund and/or to those Unit holders who

have opted / requested for the same. The physical copy of the scheme-wise annual report shall be made available to the investors at the registered / corporate officeof the AMC on payment of Rs.10/-. The link of scheme-wise annual reports or abridged summary thereof will also beprominently displayed at www.sundarammutual.com

Associate Transactions Please refer to Statement of Additional Information

Taxation The information is provided for general informationonly. However, in view of the individual nature ofthe implications, each investor is advised toconsult his or her own tax advisors/authoriseddealers with respect to the specific amount of taxand other implications arising out of his or herparticipation in the schemes.

Please refer a summary of tax-related aspects on page number 4 of this document and the Statement of AdditionalInformation at www.sundarammutual.com.

Investor services Prospective investors and existing unit holders are welcome to contact Customer Service using the Contact Number 1860

425 7237 (India) +44 28310301 (NRI).

Investors may also contact the Investor Relations Manager.

Dhiren H ThakkerHead- Customer Services

Sundaram Asset Management Company Limited, Satellite Gazebo , Unit no. 101/102, B Wing,

B D Sawant Marg, Chakala, Andheri-Ghatkopar Link Road, Andheri (East), Mumbai – 400 093.

Contact No: 1860 425 7237 (India) +44 28310301 (NRI)

Email us at : [email protected] (NRI): [email protected]

The Mutual Fund endeavours to complete all monetary and non-monetary transactions within ten working days from the date

of receipt of request.

C. Periodic Disclosures

D. Computation of NAV

The Net Asset Value (NAV) is the most widely accepted yardstick for measuring the performance of any scheme of a Mutual Fund. NAV calculations shallbe based upon the following formula:

Market or Fair Value of Scheme’s investments + Current Assets - Current Liabilities and Provision

————————————————————————————————————————————————————————————————

Number of units outstanding under the Scheme

Valuation of Scheme’s assets and calculation of the Scheme’s NAV will be subject to such rules or regulation that SEBI may prescribe.

NAV of the Scheme - Plan/Option wise - will be calculated and disclosed up to four decimals.

The first NAV will be calculated and announced within 5 business days from the date of allotment.


Sundaram Fixed Term Plan-IIPart IV Fees, Expenses & Load Structure

A. New Fund Offer Expenses

Initial issue expenses shall be borne by the Investment

Manager/AMC and not by the scheme of mutual fund.

DD charges shall be borne by Investment Manager as per

prevailing SBI norms, where there are no collection centers.

B. Recurring Expenses & Fee (fundamental attribute)

1. The total annual recurring expenses of the Scheme, excluding

deferred revenue expenditure written off, issue or redemption

expenses, but including the investment management and

advisory fee that can be charged to the scheme shall be

within the limits specified in Regulation 52 of SEBI (Mutual

Funds) Regulations.

The expenses chargeable to the scheme shall include

investment management & advisory fee, Trustee fee,

custodian fee, Registrar and Transfer Agent fee, Audit fee,

Marketing and Selling expenses and other expenses

(including listing fee). as listed in the table below:

Expense Head % of daily Net AssetsInvestment Management and Advisory Fees

Trustee fee

Audit fees

Custodian fees

RTA Fees

Marketing & Selling expense incl. agent commission

Cost related to investor communications

Cost of fund transfer from location to location

Cost of providing account statements and dividend

redemption cheques and warrants

Costs of statutory Advertisements

Cost towards investor education & awareness Upto 2.25%

(at least 2 bps)

Brokerage & transaction cost over and above

12 bps and 5 bps for cash and derivative market

trades resp.

GST on expenses other than investment

and advisory fees

GST on brokerage and transaction cost

Other Expenses

Maximum total expense ratio (TER) permissible under Regulation 52 (4) and (6) (c) Upto 2.25%Additional expenses for gross new inflows from

specified cities under regulation 52 (6A) (b) Upto 0.30%

The current expense ratios will be updated on the AMC

website viz. www.sundarammutual.com/TER at least three

working days prior to the effective date of change.

“Expenses charged under the said parameters shall be in line

with the Regulation 52 of SEBI (MF) Regulations or such other

basis as specified by SEBI from time to time. Listing expenses

will also be part of other expenses”

The maximum total expense ratio (TER) permissible under

Regulation 52 (4) and (6) (c) that can be charged to the

scheme as a percentage of daily net assets shall be as

follows:

First Rs 100 crore: 2.25%

Next Rs 300 crore: 2.00%

Next Rs 300 crore: 1.75%

On assets in excess of Rs 700 crore: 1.50%

As per Regulation 52(6A)(b), the an additional expense upto

0.30% (30 basis points) on the daily net assets shall be

charged to the scheme if new inflows into the scheme from

beyond top 30 cities as specified by SEBI, from time to time,

are at least:

(i) 30% of the gross new inflows in the scheme (or)

(ii) 15% of the average assets under management (year to

date) of the scheme, whichever is higher.

In case the inflows from such cities is less than the higher of

(a) or (b) above, expenses shall be charged to the scheme

on a proportionate basis as prescribed in the SEBI circular

dated September 13, 2012.

The amount so charged shall be utilised for distribution

expenses incurred for bringing inflows from such cities.

However, the amount incurred as expense on account of

inflows from such cities shall be credited back to the

Scheme(s) in case the said inflows are redeemed within a

period of one year from the date of investment.

Top 30 cities shall mean top 30 cities based on Association of

Mutual Funds in India (AMFI) data on ‘AUM by Geography -

Consolidated Data for Mutual Fund Industry’ as at the end of

the previous financial year.

Distribution expenses will not be charged in Direct Plan and

no commission shall be paid from Direct Plan. At least 5% of

the TER will be charged towards distribution

expenses/commission in the Regular Plan. Accordingly, the

total expense ratio of Direct Plan shall be lower by atleast 5%

vis-a-vis the Regular Plan. i.e., If the expenses of Regular Plan

are 100 bps, the expenses of Direct Plan shall not exceed 95

bps.

Note: The above percentage is based on the prevailing

expenses ratio. Any change in the above mentioned

distribution expenses/commission will be replaced while filing

the final SID.

Sundaram Asset Management reserves the right to charge

different heads of expenses, both inter-se or in total, within the

overall limits as specified in the table above.

Value of Rs.10000 on 12% annual returns in 1 year, considering 1% Expense Ratio

Amount Invested 10,000.00

NAV at the time of investment 10

No. of units 1,000.00

Assume gross appreciation of 12%

Gross NAV 11.2

Expenses (assuming 1% Expense Ratio

on average of opening & closing NAV) 0.11

Actual NAV at the end of 1 year post

expenses (assuming Expense Ratio as above) 11.09

Value of Investment at the end

of 1 year (Before Expenses) 11,200.00

Percentage Return 12%

Value of Investment at the end

of 1 year (After Expenses) 11,094.00

Percentage Return 10.94%

Note: Please note that the above is an approximate illustration

of the impact of expense ratio on the returns, where the Gross

NAV has been simply reduced to the extent of the expenses.

In reality, the actual impact would vary depending on the path

of returns over the period of consideration. Expenses will be


Sundaram Fixed Term Plan-IIPart V Rights Of UnitholdersPart VI Penalties & Pending Litigations

charged on daily net assets.

2. Brokerage and transaction costs which are incurred for

execution of trades and included in the cost of investment

shall be charged to the Scheme(s) in addition to the total

expense limits prescribed under Regulation 52 of the SEBI

(Mutual Funds) Regulations. These expenses shall not exceed

0.12% of the value of trades in case of cash market

transactions and 0.05% of the value of trades in case of

derivatives transactions. Payment towards brokerage and

transaction cost in excess of 0.12% and 0.05% for cash

market transactions and derivatives transactions respectively

shall be charged to the scheme within the maximum limits

prescribed under regulation 52 of the SEBI (Mutual Funds)

Regulations, 1996. Any expenditure (including brokerage and

transaction cost, if any) in excess of the prescribed maximum

limit shall be borne by the Investment Manager or by the

Trustee or Sponsor.

3. The Investment Manager shall set apart at least 0.02% (2

basis points) on the daily net assets of the scheme(s) within

the maximum limit of total expense ratio prescribed under

Regulation 52 of SEBI (Mutual Funds) Regulations for

initiatives towards investor education and awareness taken by

Sundaram Mutual fund.

4. GST:

- Pursuant to SEBI circular no CIR/IMD/DF/24/2012 dated

November 19, 2012, GST on brokerage and transaction

cost paid for execution of trade, if any, shall be within the

expenses limit prescribed under Regulation 52 of SEBI


- GST on investment management and advisory fee shall be

charged to the scheme in addition to the maximum limit of

total expense ratio as prescribed in Regulation 52 of SEBI


- GST for services other than investment management and

advisory shall be charged to the scheme within the

maximum limit of total expense ratio as prescribed in

Regulation 52 of SEBI (Mutual Funds) Regulations.

Any circular/clarification issued by SEBI in regard toexpenses chargeable to the Scheme/Plan(s) willautomatically become applicable and will be incorporated inthe SID/SAI/KIM accordingly.

C. Load Structure

Entry Load: In accordance with SEBI Regulation, there will be no

entry load for investments in the Scheme. This shall apply to new

investment and switch-in to the scheme during the New Fund

Offer. The scheme does not offer any facility for additional

purchase,Systematic Investment Plan (SIP), Systematic Transfer

Plan (STP) and any other form of investment on an on going

basis..The upfront commission to distributor (ARN holder) will be

paid by the investor directly to the distributor, based on his

assessment of various factors including the service rendered by

the distributor. The distributor (ARN holder) will disclose all the

commissions (in the form of trail commission or any other mode)

payable to them for the different competing schemes of various

mutual funds from amongst which the scheme is being

recommended to the investor.

Exit Load: Not applicable.

Please note that buying and selling the units of the schemes from/

to the maket (after closure of the NFO) will not entail any entry /

exit load. However, inestors will have to bear the cost of brokerage

and applicable taxes on the brokerage and other relevant

charges as applicable for transacting on secondary market.

Investors are requested to ascertain from the Distributor the

details of transaction charges payable (during NFO Period) to

Distributor, if any. The distributors can opt-in / opt-out of levying

transaction charges based on ‘type of the Product/Scheme’

instead of ‘for all Schemes’. Accordingly, the transaction charges

would be deducted from the subscription amounts, as applicable.

V. Rights of unitholders Please refer to Statement of Additional Information for a detailed

view of the rights of unit holders.

VI. Penalties & pending litigations

• Details of penalties awarded by SEBI under the SEBI Act orany of its Regulation against the sponsor of the MutualFund: In the last three years: Nil

• No penalties have been awarded by SEBI under the SEBI Act

or any of its Regulations against any company associated with

the sponsor in any capacity including the Investment Manager,

Trustee or any of the directors or any key personnel (specifically

the fund managers) of the Investment Manager and Trustee. No

penalties have been awarded on the associates of the sponsor

by any financial regulatory body, including stock exchanges,

for defaults in respect of shareholders, debenture holders and

depositors. No penalties have been awarded for any economic

offence and violation of any securities laws.

• There are no pending material litigation proceedings incidental

to the business of the Mutual Fund to which the sponsor of the

Mutual Fund or any company associated with the sponsor in

any capacity including the Investment Manager, Trustee or any

of the directors or key personnel of the Investment Manager is

a party. Further, there are no pending criminal cases against

the Sponsor or any company associated with the sponsor in

any capacity including the Investment Manager, Trustee or any

of the directors or key personnel.

• There is no deficiency in the systems and operations of the

sponsor of the Mutual Fund or any company associated with

the sponsor in any capacity, including the Investment Manager

which SEBI has specifically advised to be disclosed in the

Scheme Information Document, or which has been notified by

any other regulatory agency.

• There are no enquiries or adjudication proceedings under the

SEBI Act and the Regulations, which are in progress against

any company associated with the sponsor in any capacity

including the Investment Manager, Trustee or any directors or

key personnel of the Investment Manager.

Jurisdiction

All disputes arising out of or in relation to the issue made under

the Scheme will be subject to the exclusive jurisdiction of courts

in India.

Applicability of SEBI (Mutual Fund) Regulations

Notwithstanding anything contained in this Scheme Information

Document, the provisions of the SEBI (Mutual Funds)

Regulations, 1996 and the guidelines thereunder shall be

applicable.

Sundaram Asset Managementwww.sundarammutual.com

Sundaram Fixed Term Plan-IICollection Centres

ANDHRA PRADESH: Anantapur: 1st Floor, T Nagaraju Complex, D.No. 10/323, Sarojini Road, Opp. ToVasunderadevi Hospital, Near Clock Towers, Anantapur 515001 Cuddapah: Ist Floor, Lalithamma Building; Ngo'SColony, Upstairs Union Bank of India Cuddapah 516002 Guntur: Door No. 5-87-26, 1st Floor, Sai Srinivasa Building,Opp. Nelagiri Super Market, Main Road, Lakshimi Puram, Guntur 522007 • Gayatri Enclave, 1st Floor, 8th Lane,First Cross Road, Arundelpet, GUNTUR - 522 002 Kakinada: 2nd Floor, D. No.5-1-61, Opp. Brindhavan Lodge,Main Road, Surya Rao Peta, Kakinada 533001 Kurnool: DPLR Plaza, 2nd Floor, Upstairs SBI Near(Old Town-Branch), Opp: Children'S Park, Eswar Nagar, Kurnool 518004 Nellore(Cv): 24/1677, Brahmanandapuram,Dargamitta, Nellore 524003 Rajahmundry: AMT Plaza, C18, D.No.76-5-29, Second Floor, Ganuga Street,Gandhipuram-2, Rajahmundry 533103 Tirupathi: Door No 2/89, 1st Floor, Tiruchanur Road, Sreenivasapuram,Tirupathi 517503 Vijayawada: Rajagopala Chari Street, Mahalakshmi Towers, 1st Floor, Shop No.4, BuckinghampetPost Office Road, Vijayawada 520 002 • # 40-1-126, First Floor, Vasanth Plaza, Chandramoulipuram Benz Circle,Vijayawada 520010 Visakhapatnam: Shop No.2, 3rd Floor Navaratna Jewelsquare,Dwarakanagar, Visakhapatnam530016 ASSAM: Guwahati: Anandi Commercial Complex, II Floor, Bora Service, G S Road, Guwahati 781007 •3C Dihang Arcade 3rd Floor, G.S Road, Dist-Kamrup, Guwhati 781005 BIHAR: Bhagalpur: Ground Floor, RadhaRani Sinha Road, Opp-Church Gate, Jagdispur, Bhagalpur 812001 Muzaffarpur: Saroj Complex, Ground Floor,Diwan Road, Musahri Ramna, Muzaffarpur 842002 Patna: 305 & 306, Ashiana Hari Niwas, 3rd Floor, New DakBunglow Road, Patna 800 001 • 104, C – Block, Laxmi Kant Parisar, Jamal Road, Near Ambition Business Centre,Patna 800001 CHHATISGARH: Bhilai: 36/5, Ground Floor, Nehru Nagar(East) Besides Ing Vysya Bank, Bhilai490020 • First Floor, No.36/5, 2nd Floor, Nehru Nagar (East), Above Ing Vysya Bank, Bhilai, Durg District, 490020Raipur: Office no. S-8 , 2nd floor, Raheja Towers, Near Fafadih Square, Jail Road, Raipur 492 001 • 203, 2nd Floor,Vanijaya Bhavan, Devendra Nagar Road, Raipur 492001 GOA:Goa: F 30, Alfran Plaza, Opp Don Bosco, MG RoadPanjim, Goa 403001 Madgaon: Second Floor, Saldana Business Tower Wing A, 212, Near Mapusa Court, Mapusa403507 GUJARAT: Ahmedabad: No 409, Shree Balaji Paragon, Near Hotel Rock Regency, C.G. RoadNavrangpura, Ahmedabad - 380009 • 104, First Floor, Shivam Complex, Nr. Silicon Tower, Opp. National HandloomLaw Garden, Ellisbridge, Ahmedabad 380006 Anand: 2, Drashti Arcade, 2nd Floor, Opp. HDFC Bank, LambhvelRoad, Anand 388 001 Baroda: 518 & 519, Centre Point, R C Dutt Road Alkapuri, Vadodara 390005 • 109-SiddharthComplex, Besides Express Hotel, R C Dutt Road, Alkapuri, Baroda-390007 Bharuch: No.230-232, 2nd Floor,Aditya Complex, Kasak Circle, Bharuch 392002 Bhavnagar: 204, Shoppers Plaza, Parimal Chowk, WaghawadiRoad, Bhavnagar 364001 Bhuj: office No.7, First Floor, Royal Plaza, Plot No.2 & 3, Near Shiv Krupa Nagar, Bhuj-Mirzapur Highway, Bhuj 370001 Jamnagar: 404, Corporate House, Opp. To St. Ann'S High School, Pandit NehruMarg, Jamnagar 361008 Junagadh: 2nd Floor, Shop No.212, Amba Arcade, M G Road, Junagadh 362001Mehsana: FF-01, Sigma Oasis, Nr: Hdfc Bank, High Way Mehsana 384002 Navsari: 1st Floor, Shop No.116,Manohar Complex, Opp. Dabu Hospital, Fuwara, Navsari 396445 Rajkot: 301, Metro Plaza, Nr Eagle Travels,Jansata Press Road, Bhilwas Chowk, Rajkot 360001. • 201, Titan Complex, 2nd Floor, Kalawad Road, Near G TSeth School, Opp. To Punjab Honda, Rajkot 360005 Surat: HG-18 International Trade Centre, Majuragate, Surat395002. • No.607, 6th Floor, 21st Century Business Centre, Near Udhan Darwaja, Ring Road, Surat 395002Surendra Nagar: 2nd Floor, Rudraksh, Plot No:328 (Opp. To New Age Industries) Wadhwan Road, Surendra Nagar363035 Valsad: 2nd Floor, Shop No.216, Trade Centre, Station Road, Valsad 396001 Vapi: Shop No.19 & 20, 1stFloor, Walden Plaza, Imran Nagar, Opp. To S B I, Daman - Silvassa Road, Vapi 396191 HARYANA: Ambala: I Floor,SCO No 102, Above State Bank of Bikaner & Jaipur, Prem Nagar, Ambala City 134 003 Faridabad: SCF 38, Firstfloor, Sec-19, Market 2, Faridabad 121002 Gurgaon: III Floor, SCO No 62, Old Judicial complex, Civil lines, Gurgaon122 001 Hisar: Shop No. 46 DSB First Floor, Red Square Market Hisar, Haryana 125001 Panipat: 1st Floor, No.75,Bmk Market, G.T.Road, Panipat. 132103 Rohtak: 2nd Floor, Shop No.5-B, Gopal Complex, Civil Road, Rohtak124001 Yamuna Nagar: Sco-103, 1st Floor, Sector 17, Huda Jagadhari By Pass Road, Jagadhari, Yamunanagar135001 HIMACHAL PRADESH: Shimla: 1st Floor, Hameer House, Lower Chakkar, Shimla 171005 JAMMU &KASHMIR: Jammu: Sadhana Commercial Building, No 27, A/C Gandhi Nagar Jammu 180001 JHARKHAND:Bokaro: Plot No: GB-5, City Centre, Sector – 4, Near Indian Bank, Bokaro Steel City 827 004 Dhanbad: 1st Floor,Shop No.107, Sree Ram Plaza, Bank More, Dhanbad 826001 Jamshedpur: 5/B, III Floor, Meghdeep Building, QRoad, Bistupur, Jamshedpur 831001 Jamshedpur: No.2, 2nd Floor, Meghdeep Building, Near South Park Hotel,Q Road, Bistupur, Jamshedpur 831001 Ranchi: # 205, 2nd Floor, M.R. Tower, Line Tank Road, Ranchi 834001,Jharkhand KARNATAKA: Belgaum: First Floor, Doddannavar Trade Centre, Old PB Road, Beside Bank of India,Fort Road, Belgaum 590002 Bellary: Flat No.3 & 9, 1st Floor, Ward No.16, T.S. No.52 Near Clock Tower Circle,Bellary 583101 Bengaluru: Ground Floor, Sana Plaza, 21 / 14 - A, M.G. Road, Near Trinity Metro Station, Bangalore560001 • S-403, Manipal Centre, 47, Dickenson Road, Bengaluru 560 042. Davangere: Door No. 1636/18, HadadiMain Road, PSS Plaza, Ground Floor, Near Shivasagara Hotel, Davangere 577005 Hubli: 1st Floor, Centre Point107, 108 New Cotton Market, Sanje Vani Press Hubli 580029 Mangalore: B-2, Souza Arcade, Balmatta Road,Mangalore 575001 Mangalore: Sundaram Finance, 2nd Floor, Krishna Prasad Bldg. Above Pabbas Ice CreamParlour Nr.Mangalore City Corporation, Lal Bagh, Mangalore 575003 Mysore: NO: 145, 2nd floor, 5th main, 5thcross, opposite to Syndicate Bank, Saraswathipuram, Mysore 570009 Raichur: Sai Ram Complex, 1-10-38, StationRoad Opp. Ram Mandir, Raichur 584101 Shimoga: SRIJA Archade, 1st parallel road,1st cross, opp. uma dentalclinic road, Jayanagar, Shimoga 577201 Udupi: Second Floor, Andrade Arcade, Near Syndicate Bank, CatholicCentre, K M Marg, Udupi KERALA:Calicut: 3rd Floor Kanchas Building, Near New Bus Stand, Rajaji Road, Calicut673004 Cochin: Kassim Towers, 36/1899 Door No, D I Floor Sebastian Road, Off. Kaloor, Kadavanthra Road,Kaloor, Cochin 682 017 Ernakulam: 1st Floor, Welfare Services Centre, Ponnurunni, Vytilla Po, Ernakulam 682019Kannur: 1st Floor, Tpn A1, A2, Malabar Tower, Opp Indus Motors, Thalap, Kannur 670002 Kollam: 1st Floor, KmkComplex, Second Milestone, Kilikollur, Kollam 691004 Kottayam: Kytharam Complex, First Floor, Union ClubJunction, Kottayam 6866001 Kozhikode: No.5/3249-H, First Floor, Century Plaza Building, Behind Ktc PetrolPump, Indira Gandhi Road (Mavoor Road), Kozhikode 673001 Palakkad: First Floor, 15/513 (50), AkshayaFoundation, Stadium Bye-Pass Road, Palakkad 678001 Thrissur: Second Floor, R V Center, Patturaikal Junction,Near Karthiyani Nursing Home, Trichur 680022 • 2nd Floor, Sri Lakshmi Building, Shornool Road,Near,Thriruvampady Temple, Thrissur 680022 Trivandrum: Vava Sahid Commercial Complex, Ambuja Vilasam Road,Trivandrum 695001. MADHYA PRADESH: Bhopal: Plot no,6 VNV Plaza 2nd Floor Bank Street, M.P Nagar Zone2, Bhopal 462011 Gwalior: II Floor, 44 City Centre, Narayan Krishna, Madhav Rao Scindia Road, Gwalior -474 002Indore: 125, Star Lit Towers, 29/1, Y N Road, Indore 452001 • Mezzanine Floor, MZ – 22, Bansi Trade Centre,No.581/5, M G Road, Indore 452001 Jabalpur: Second Floor, Digamber Tower, 936, Wright Town, Pandit BhawaniPrasad Ward, Napier Town, Jabalpur 482002 Ratlam: 2nd Floor, 16/45, Ratlam Plaza, Block No.C, Opp. ICICIBank, Ratlam 457001 Sagar: 1st Floor, Singhai Buildings 10, Civil Lines, Sagar 470002 Satna: 2nd Floor, N KChambers, In Front of Agarwal Traders (Dealer of Escort Tractors), Pannanaka, Satna 485001 MAHARASHTRA:Ahmednagar: 209, 2nd Floor, Adish Plaza, ICICI Home Finance Building (Opp. Dowle Hospital) Nagar ManmadRoad, Savedi, Ahmednagar 414003 Akola: C-13, First Floor, Dakshata Nagar, Vyapari Complex, Sindhi CampChowk, Akola 444001 Amaravathi: 2nd Floor, Sakshi Complex, Opp. to Rajapeth Police Station, Mudholkar Peth,Badnera Road, Amaravathi 444605 Aurangabad: First Floor, B-4, Aurangabad Business Centre, Adalat Road,Aurgangabad 431005 • Office No-36 Motiwala Trade Center, Nirala Bazar Opp HDFC Bank, Aurangabad 431001Chembur: Flat No. 313, Swastik Chambers 3rd Floor, Sion-Trombay Road, Chembur, Mumbai 400071 Jalgaon:2nd Floor, India Plaza Complex, Vivekananda Nagar, Swatantry Chowk, Jilha Peth, Jalgaon 425001 Kolhapur:office No:12, 2nd Floor, R.D. Vichare Complex (Gemstone) Near Central Bus Stand, New Shahupuri Kolhapur

416001 Latur: Sanmaan, First Floor, Opp To Amba Mata Mandir, Chandra Nagar, Latur 413512 Mumbai: SatelliteGazebo, Office No. 101 & 102, B - Wing, 1st Floor, B D Sawant Marg, Mota Nagar, Andheri East, Mumbai 400053.• Office No. 1222, 12th Floor, Maker Chamber V, Nariman Point, Mumbai 400 021 • Shop No 6, Yashwanth Building,Groung Floor, Ram Maruti Cross Road, Near Ratnakar Bank, Naupada, Thane West Mumbai 400602 • No: 114,1st Floor, Commerce House, 140, Nagindas Master Road, Fort, Mumbai 400023 • Shop No. 2, Ground Floor in“Suchita Enclave”, Co-operative Housing Society Limited, Maharashtra Nagar, Off. Chandavarkar Road, Borivali(West), Mumbai 400092. Nagpur: C/O.Fortune Business Centre, Plot No.6, Vasant Vihar Complex, Whc Road,Shankar Nagar, Nagpur 440 010 • 110-111, Shri Mohini Complex, Opp. Kasturchand Park 345, Kingsway Road,Nagpur 440001 Nashik: Shop No. 1, Shrinath Apartment, Pandit Colony- Lane No. 3, Sharanpur Road, Nashik 422002 • First Floor, Padma-Vishwa Regency, Behind Saroj Travels, Next To Manavta Cancer Hospital Mumbai Naka,Nasik 422001 Pune: Second Floor, 1202/5, “Shalini Sky I” building, Near ICICI bank, Ghole Road, Shivajinagar,Pune 411 005 • 1st Floor, 'Mantri Vertex' Law College Road, Pune 411004 Sangli: Shiv Ratna Complex, S4, 3rdFloor, Cst No.1047B, College Corner North Shivaji Nagar, Madhavnagar Sangli 416416 Sholahpur: 786, MarutiTele Sankul, South Kasba, Shinde Chowk, Sholapur 413007 NEW DELHI: Delhi: Room no. 301/314, 3rd floor,Ashoka Estate, 24 Barakhamba Road, New Delhi - 110001 • 605, Sixth Floor ‘Ashoka Estate Building’, 24,Barakhamba Road, New Delhi 110001 ORISSA: Balasore: First Floor, Choudhury Nivas P.O.-Sahadeb Khuntha,Near Bus Stand, Balasore, Odisha 756001 Behrampur: First Floor, Alakananda Enclave, First Lane, Gajapati Nagar,Ganjam Dist., Berhampur 760 010 Bhubaneshwar: Office No. 16, 2nd Floor, Deen Dayal Bawan, Ashok Nagar,Bhubaneswar 751009 • II Floor, Plot No A/83, Sahid Nagar, Khurda District, Bhubaneswar 751007 Cuttack: PlotNo. 3209, 2nd Floor, Urmila Plaza (Above Utkal Motors), Madhupatna, Cuttack 753010 Rourkela: 2nd Floor, PlotNo. 309/P, Udit Nagar, Opp. Ambedkar Chowk, Rourkela, Sundergarh District, 769012 Sambalpur: SundaramFinance Ltd, First Floor, Sabat Complex Near Wesco office Main Road, Ainthapalli Sambalpur 768004PONDICHERRY: Pondicherry: Ms Royal Enclave, Plot No 19, 100 Feet Road, Mudaliarpet, Pondicherry 605004• No. 181, Thiruvalluvar Salai, Pillaithottam, Opp to Bahavan Saw Mill, Pondicherry 605013 PUNJAB: Amritsar:1st Floor, 27-A, Classic Plaza, Majitha Road, Amritsar 143001 Bhatinda: 1st Floor, 3038 - A Guru Kanshi Marg,Bhatinda 151001 Chandigarh: S.C.O II Floor, 2475-2476, 22/C, Chandigarh 160022 • S.C.O 56-57 2nd Floor,Phase- II Mohali, Punjab 160072 Jalandhar: Shop No. 43 & 44, Fifth Floor, City Square Bulding, EH-197 Civil Lines,Jalandhar 144001 Ludhiana: SCO 18, Cabin No.401, 4th Floor, Feroz Gandhi Market, Ludhiana 141 001 • S C O-13, 1st Floor, Shanghai Towers, Feroz Gandhi Market, Ludhiana 141001 Patiala: Third Floor, SCO-107, New LeelaBhavan, Near Yes Bank, Patiala 147 001. RAJASTHAN: Ajmer: 1st Floor, Adjoining K C Complex Opp: DaulatBagh, Ajmer 305001 Alwar: 29, Harshil Tower, 3rd Floor Naru Marg, Keshav Nagar Alwar 301001 Bhilwara: SecondFloor, Budh Plaza Opp: Circuit House, Basant Vihar, Bhilwara 311001 Bikaner: Second Floor Chug Mansion Opp.Drm office, Modern Market, Bikaner 334001 Hanumangarh: Second Floor, Shop No: 2 & 3, Near Bombay Hospital,Town Junction Road, Hanumangarh Junction, Hanumangarh 335512 Jaipur: No. 202, Second Floor, OK PlusTowers, Near Vishal Mega Mart, Hathroi Road, Ajmer Road, Jaipur 302 001 • 205, 2nd Floor, Sangam Towers,Church Road, off. M I Road, Jaipur 302001 Jodhpur: 201, 202, Second Floor, Mody Arcade Chopasani Road,Near Bombay Motors, Jodhpur 34200 • 116, 1st Floor, Mody Arcade, Chopasani Road, Near Bombay Motor Cycle,Jodhpur 342 001 Kota: Second Floor, Above Reebok Showroom 393, Shopping Centre, Nr. Ghode Wale BabaCircle, Kota 324007 Udaipur: C/o Sundaram Finance Ltd 4th Floor, Plot No-32/1105, Centre Point, Opp. B.N.College, Udaipur 313001 TAMIL NADU: Chennai: Sundaram Towers 1st & 2nd Floor, No.46 Whites Road,Royapettah, Chennai 600014 • Ground Floor, 19, Patullos Road, Chennai 600002 • Door no. 89-92, KRD Gee GeeCrystal, 7th Floor, Dr. Radhakrishnan Salai, Mylapore, Chennai 600 004 Coimbatore: 101-E, II Floor, Kala MansionBuilding, D B Road, R. S Puram, Coimbatore 641002 • No.62, First Floor, ‘Time Square’ Balasundaram Road, A.T.T.Colony, (Near RTO office) Coimbatore 641012 Erode: Ms. URT Tower, No 139/1, Perundurai Road, Erode 638 011Hosur: 2nd Floor, 42/1, “Ram Prabha Towers” (Opp to Dhanam Departmental Store), Denkanikotta Main Road,Hosur 635109. Kancheepuram: 24, Annai Indira Gandhi Salai (Nellukara Street), Kanchipuram 631502 Karur:SRN Towers, IInd Floor, Ts No.208/1, 1st Cross, Covai Road, Sengunthapuram, Karur 639001 Kumbakonam:No.16 , Plot No. 6-13/2112, Railway Station Road, Kumbakonam 612001 Madurai: No. 183 C - North Veli Street,Opp Duke Hotel, Madurai 625 001 • 37, Krishna Rao Tank Street, (Tvs Co-Operative Store) Madurai, 625001 Salem:New No. 210, Old No. 315- C, Omalur Main Road, Avk Arcade, Opp. New Bus Stand, Salem 636004 • First Floor,Srivari Shopping Mall, 2/91, New Bus Stand Road, Meyyanoor Salem 636004 Thanjavur: Shalini Towers, FirstFloor, 172, South Main Street, Thanjavur - 613009 • Tirunelveli: First Floor, No 985/1-C2, 1D, Indira Complex,South Bye Pass Road, Opp to Passport office, Tirunelveli 627005 Tirupur: Muthu Plaza, 1st Floor 320, AvanashiRoad, Tirupur 641602 Trichy: 60/2, Krishna Complex, I st Floor, Shastri Road, Thennur, Trichy 620 017 • Bus Plaza,2nd Floor, Front, No.5-G, Lawsons Road, Contonment, Trichy 620001 Vellore: 37B, Balaji Nagar, 2nd Street, Phase3, Sathuvachari, Vellore 632009 • First Floor, 141/3 M.P. Sarathi Nagar, Vellore District Bus Owner AssociationBuilding, Chennai - Bangalore Bye Pass Road, Vellore 632012 TELANGANA: Hyderabad: 1st cross, opp. umadental clinic road, Jayanagar, GHMC No-7-397/101,118, Opp. Dominos, S R Nagar, Hyderabad 500047 • D.No.6-3-57/1, 408-410, Diamond Block, 4th Floor, Lumbini Rockdale Compound, Somajiguda, Hyderabad 500082 KarimNagar: 1st Floor, House No: 8-6-179/2A, Hyderabad Road, Above Mahi Motors, Kothirampur, Karimnagar 505001Warrangal: D No 15-1-422/A, B Second Floor S.V.S Legend, Beside Industrial Estate Kaman, S.V. P Road Warangal506002 UTTAR PRADESH: Agra: C/o Royal Sundaram General Insurance, Office No. – F-C-6, Block No- 41/4B,Friends Tower, Sanjay Palace, Agra 282002 • First Floor, Sky Tower, 29-F/211, Sanjay Palace, Agra 282002 Aligarh:Shop No.7 & 22, U.G.F Alig Corporate Plaza, Marris Road, Aligarh, Uttar Pradesh 202001 Allahabad: 1st Floor,Saroj Bhavan, 14/4, Stanley Road, Near Patrike Crossing, Civil Lines, Allahabad 211001 • Vashishtha Vinayal Tower,Upper Ground Floor, 38/1 Tashkhant Marg, Allahabad 211001 Bareilly: IInd Floor, 116, Civil Lines, Circuit HouseRoad, ICICI Bank Building, Bareilly Bareilly 243 001 Ghaziabad: 1st Floor, Ff - 31, Konark Building, Gda Market,Rdc, Ghaziabad 201001 Gorakhpur: C/160/30, First Floor, Naiyapar Kothi, Esmailepur, Near Chaurahiya GolaChowk, Gorakhpur 273 001 Jhansi: Shop No. 5, Narayan Plaza Jojo House, Infront of Employment ExchangeGwalior Road, Jhansi 284001 Kanpur: 218/219 Kan Chambers, 2nd Floor, 114/113 Civil Lines Kanpur 208001Lucknow: 303, Third Floor, Sky Hi Chambers, 11/5, Park Road, Lucknow 226001 • 104, UGF Sky Hi Chambers,5- Park Road, Lucknow-226 001 Mathura: 3rd Floor, Shop No.330, Dwarikadheesh Plaza, Mohalla Brijnagar,Junction Road, Sonkh Adda, Mathura 281001 Moradabad: 2nd Floor, office No.3, Vallabh Complex, Near PmsSchool Civil Lines, Moradabad 244001 Varanasi: Flat No.7, 2nd Floor, Rama Kunj, C-32-22/17 Ram Singh RanaNagar Colony, Cantt Sigra Road, Varanasi 221002 • Sundaram Mutual Fund, Shop No-60, 1st Floor, KuberComplex, Rathyatra, Varanasi 221010 UTTARANCHAL: Dehradun: 57/19, Raipur Road, II Floor, Shiva Palace,Dehradun 248 006 WEST BENGAL: Asansol: 1st Floor, Above United Bank of India, B.B. College More, UshagramEast, G.T. Road, P.O. Asansol, Dist. Burdwan, Asansol 713303 Burdwan: 5 B, M.V Apartment, 36 G.T. Road,Parbirhata, Po: Sripally, Burdwan 713103 Durgapur: A-307, Bengal Shristi Complex, II Floor, Citi Center, Durgapur713 216 • Sri Chaitanya Complex, 2nd Floor, Bengal Ambuja Phase II, Ambetkar Sarani, City Centre, Durgapur713216 Kolkatta: "Chowringhee Court", 2nd Floor, Unit No.33, 55/55/1, Chowringhee Road, Kolkata 700071 •No.7, Camac Street, Azimganj House III Floor, Block No. 6, Kolkatta 700017 • P-38 Princep Street, Ground Floor,Off Bentinck Street (Opp Orient Cinema), Kolkata 700072 Siliguri: Shree Radha Complex, Block-B 2nd Floor, IskonMandir Road Siliguri, Dt Darjeeling 734001 Dubai: Representative office: P O Box:124337 office No. 205, AL ATTAR Grand, Above LG Showroom, Khalid BinAl Waleed Street, Bur Dubai, Dubai, UAE.

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Sundaram Fixed Term Plan-II · debt and money market securities, ... Instrument Allocation Risk...

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